WASHINGTON—China has escalated its regulatory crackdown on its private sector, sending shockwaves across the global markets. The move, which wiped out more than $765 billion of value from U.S.-listed Chinese companies in the past few months, sends a stark message to dozens of domestic firms that seek to tap into U.S. capital markets. Beijing’s crackdown…

WASHINGTON—The Trump administration took swift actions in its final months to ban investments in communist Chinese military companies, in an effort to curb Beijing’s access to the lucrative U.S. stock market. However, more work needs to be done to protect U.S. capital markets and critical technologies, according to a panel of China experts. There’s a need to…