Donald Trump bans American investments in companies linked to Chinese military


Source: nairametrics.com nairametrics.com

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Trump issued an executive order that bans American companies from investing in Chinese companies. Published Tweet U.S President Donald Trump has issued an executive order that bans American companies from investing in Chinese companies linked to or controlled by the Chinese military. This was disclosed by Reuters on Friday and is expected to have an impact on tech companies majorly owned by the Chinese government including Telecom Corp Ltd, China Mobile Ltd and Hikvision. The order, which goes into effect from the 11th of Janury 2021, prevents American investment funds, Pensions funds and many others from “buying shares of 31...