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Biden order to ban investment in 59 Chinese defence and tech firms

By Michael Martina on Jun 4, 2021 6:55AM

Biden order to ban investment in 59 Chinese defence and tech firms

'Rolling' ban replaces Trump-era prohibition.

The Biden administration will issue a new executive order on Thursday that bans US entities from buying or selling publicly traded securities for 59 Chinese companies with alleged ties to defense or surveillance technology sectors, senior administration officials said. The Treasury department ...

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