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Trump Administration Bans US Investments in Firms Linked to Chinese Military (Source: Voice of America News; issued Nov 12, 2020) The Trump administration Thursday announced an executive order prohibiting U.S. investment in Chinese firms that Washington says are owned or controlled by the Chinese military, ramping up pressure on Beijing after the U.S. election. The order could impact some of China’s biggest companies, including telecom firms China Telecom Corp. Ltd., China Mobile Ltd. and surveillance equipment-maker Hikvision. The move is designed to deter U.S. investment firms, pension funds and others from buying and selling shares of 31 Chinese companies that…
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