White House expands investment ban on Chinese tech and telecom companies

White House expands investment ban on Chinese tech and telecom companies

June 3, 2021

The Biden administration has replaced and expanded Trump-era restrictions on investing in certain Chinese firms deemed supportive of that country’s surveillance and military apparatus. Major tech, space and telecom companies are listed in the initial 59 covered by the executive order, with more to come by order of the Treasury.

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