US doubles down on barring US investment in Chinese firms with alleged military links
The US says the move ensures US capital does not contribute to the development of the China’s military, intelligence, and security services
29 December 2020 - 12:19
Washington — The Trump administration has strengthened an executive order barring US investors from buying securities of alleged Chinese military-controlled companies, following disagreement among US agencies about how tough to make the directive.
The US treasury department published guidance clarifying that the executive order, released in November, would apply to investors in exchange-traded funds (ETFs) and index funds, as well as subsidiaries of Chinese companies designated as owned or controlled by the Chinese military...
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