Exclusive: Trump administration readies crackdown on U.S. investments in Chinese firms – sources

WASHINGTON (Reuters) – The Trump administration is finalizing an executive order to prohibit U.S. investments in Chinese firms that Washington says are owned or controlled by the Chinese military, according to three sources familiar with the matter, in a bid to ramp up pressure on Beijing after the U.S. election. The order, which could impact some of China’s biggest companies, including telecoms firms China Telecom Corp Ltd, China Mobile Ltd and surveillance equipment maker Hikvision, could be released as soon as Thursday, two U.S. officials and one person familiar with the matter said. The White House’s NSC did not immediately…