Trump Bars Investment in Chinese Firms With Military Ties

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Roger W. Robinson Jr., the president of RWR Advisory Group and former chairman of the U.S.-China Economic and Security Review Commission, established by Congress, said the move was a “historic first” for penalties on capital markets. “This immense new domain of U.S. leverage over China is now here to stay,” he said. Martin Chorzempa, a research fellow at the Peterson Institute for International Economics, said the order was one of the first steps toward financial decoupling “to actually have any teeth.” However, he said, it would have “essentially zero effect on China’s ability to fund its military and intelligence modernization,”...