Trump bans American investments in PLA-aiding Chinese companies

PTI Washington US President Donald Trump has signed an executive order banning Americans from investing in 31 Chinese firms that the administration says are owned or controlled by the Chinese military. The Executive Order, which was signed by Trump on Thursday, prohibits certain purchases involving publicly traded securities or any securities that are derivative of or are designed to provide investment exposure to such securities of any Communist Chinese military company. China is increasingly exploiting US capital to resource and to enable the development and modernisation of its military, intelligence, and other security apparatuses, which continues to allow China to…