The US Bars Investments in Chinese Military Firms as Trump Accuses China of Exploitation


Source: theorganiser.net theorganiser.net

Key Topics in this News Article:

News Snapshot:

The US Bars Investments in Chinese Military Firms as Trump Accuses China of Exploitation The US Bars Investments in Chinese Military Firms as Trump Accuses China of Exploitation By a press release (13/11/2020) US President DonaldTrump has ordered to ban American investments in Chinese firms the govt determines to have ties to the Chinese military. In the order, Mr Trump accused China of "increasingly exploiting" US investors "to finance the development and modernisation of its military". The ban is to go into effect in January. It could affect some of China's biggest publicly-listed firms, including China Telecom and tech firm...