Trump administration unveils move to crack down on U.S. investments in Chinese firms


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Trump administration unveils move to crack down on U.S. investments in Chinese firms By Humeyra Pamuk, Alexandra Alper and Idrees Ali comments November 12, 2020 FILE PHOTO: Rain falls over the White House during a storm in Washington WASHINGTON (Reuters) – The Trump administration on Thursday unveiled an executive order prohibiting U.S. investments 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, which was first reported by Reuters, could impact some of China’s biggest companies, including telecoms firms China Telecom Corp Ltd, China Mobile...