News Snapshot:
Huawei, Inspur Group feature in list of companies in which US investments are prohibited The Donald Trump administration on Thursday unveiled an executive order prohibiting US investments in Chinese firms that Washington says are owned or controlled by the Chinese military. The order could impact some of China’s biggest companies. It is designed to deter US investment firms, pension funds and others from buying and selling shares of 31 Chinese companies that were designated by the Defense Department as backed by the Chinese military earlier this year. Here’s a list of those companies based on Department of Defense data. Most...
