Trump bolsters ban on U.S. investments in China


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Jan 13, 2021 | Asia , Business , Economy , Politics , Top News , US [ad] WASHINGTON (Reuters) – President Donald Trump has signed an order strengthening a November ban on U.S. investments in alleged Chinese military companies, the White House said on Wednesday, curbing Chinese access to U.S. capital markets days before he leaves office. Under the amended directive, by Nov. 11, 2021, U.S. investors will be required to have completely divested their holdings of securities of companies designated by the Defense Department as owned or controlled by the Chinese military. The change expands the scope of the...