News Snapshot:
Business The U.S. Treasury Department updates the investment ban on some Chinese military companies-RTHK The U.S. Department of the Treasury has updated the investment ban on some Chinese military industry companies. For companies with names similar to the Chinese military industry companies, the investment restrictions will be postponed to May 27, while the original implementation date was January 28. But at the same time, transactions with subsidiaries of banned Chinese military companies are not allowed. The former Trump administration of the United States took action in November last year to increase pressure on Beijing to prohibit Americans from investing in...