Biden to overhaul Trump's China investment blacklist: report | The Guardian Nigeria News - Nigeria and World News

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Joe Biden intends to this week overhaul a list of Chinese firms that US investors are allowed to own shares in, as the president re-evaluates the world powers' post-Trump relationship while maintaining pressure on Beijing.

WASHINGTON, DC – JUNE 02: U.S. President Joe Biden speaks as Vice President Kamala Harris listens during an event in the South Court Auditorium of the White House June 2, 2021 in Washington, DC. President Biden spoke on the COVID-19 response and the vaccination program announcing new incentives including free beer, free childcare and free sports tickets to push Americans to get vaccinated before July 4th.

It was among a series of measures by the White House aimed at quelling the Asian giant’s rise and which has left ties between the two severely strained. While the Biden administration has pledged to take a more diplomatic line with China following the upheaval of his predecessor, he has said he will keep to a strict line on several issues including defence and technology.

 

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