WASHINGTON—The Pentagon has failed to release an annual list of Chinese companies with military ties, triggering concerns that the Biden administration could be hesitating to enforce a Trump-era executive order that banned investments in these companies. The Financial Times reported on May 13 that the Department of Defense missed the deadline to publish a legally required list of Chinese military companies, citing two people familiar with the matter. The report is crucial for President Joe Biden, who must make a decision on whether Americans can invest in such companies. Under the National Defense Authorization Act of 2021, Congress directs the Pentagon to identify Chinese military companies through a publicly published list. The deadline for this year’s report was April 15. A Pentagon spokesperson told the Financial Times that the report would be submitted before October. In his final weeks in office, former President Donald Trump took swift action to ban investments in Chinese companies …
China Critics React to Pentagon Delaying Report on Chinese Military Firms
May 13, 2021
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