WASHINGTON—The Treasury Department on Dec. 28 released guidance for investors about the president’s new executive order that bans investment in companies with ties to the Chinese military. The guidelines clarify that the ban will include subsidiaries of all Chinese firms in the Pentagon’s blacklist, handing a clear win to national security advocates. The notice came…
Trump Administration Toughens Ban on Investment in Chinese Military Companies
Trump Administration Tightens Ban on Investment in Chinese Military Companies
WASHINGTON—The Treasury Department on Dec. 28 released guidance for investors about the president’s new executive order that bans investment in companies with ties to the Chinese military. The guidelines clarify that the ban will include subsidiaries of all Chinese firms in the Pentagon’s blacklist, handing a clear win to national security advocates. The notice came…
Trump Administration Strengthens Order Banning US Investment in Chinese Military Companies
December 28, 2020
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The Trump administration has strengthened an executive order that bans U.S. investment in Chinese military companies in a guidance published by the Treasury Department late on Monday. The Treasury Department issued a “Frequently Asked Questions” notice that outlines further details for President Donald Trump’s November executive order (E.O) 13959. The notice said that the Trump…
Chinese Leader Xi Jinping Faces Pressure From Within the Military
Commentary Chinese leader Xi Jinping attended a military ceremony on Dec. 18 at the People’s Liberation Army (PLA)’s headquarters in Beijing. Four generals were newly appointed and honored at the event. But it appeared as if Xi lacked enthusiasm, judging from the news video footage from Beijing’s mouthpiece Xinhua. What was behind the grim expression…
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