News Snapshot:
WhatsApp - Advertisement - Counting its final days in power, the Donald Trump administration on Thursday took another swipe at Beijing and added nine more Chinese firms to a blacklist of alleged Chinese military companies, including planemaker Comac and mobile phone maker Xiaomi. The companies will be subject to a new US investment ban which forces American investors to divest their holdings of the blacklisted firms by Nov 11, 2021. Already in its waning days, the Trump administration’s decision to ban investments will further increase America’s tensions with China, which is its strategic rival in Asia. The expanding blacklist is...
