Draft guidance on China investment ban spurs tensions in Trump administration, say sources Money


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Draft guidance on China investment ban spurs tensions in Trump administration, say sources Friday, 18 Dec 2020 07:56 AM MYT China oil giant CNOOC is among the 35 companies blacklisted by the Pentagon. — Reuters pic WASHINGTON, Dec 18 — A debate is raging within the Trump administration over guidance the Treasury Department is seeking to publish to clarify a recent directive banning US investors from buying shares of some top Chinese companies, people familiar with the matter said. The State Department and the Department of Defence (DOD) are pushing back against the content of a “frequently asked questions” release...