Limited impact seen from Trump investment ban on military-linked Chinese firms

– A + A WASHINGTON/BOSTON (Nov 17): President Donald Trump’s directive barring US investments in Chinese companies linked by Washington to China’s military is unlikely to deal the firms a serious blow, experts said, due to its limited scope, uncertainty about the stance of the incoming Biden administration and already-scant holdings by US funds. The executive order, first reported by Reuters , was signed by Trump on Thursday, as he sought to curb access by American investors to 31 Chinese firms labeled by the Pentagon as “owned or controlled” by China’s military. The affected companies included China Telecom, and China…