Trump bans investment in firms that aid China’s military | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

WASHINGTON, Nov 13 — US President Donald Trump has signed an executive order banning Americans from investing in Chinese firms deemed to be supplying or supporting Beijing’s military and security apparatus, earning a sharp rebuke from China. The order listed 31 companies yesterday it said China...

In this file photo US President Donald Trump speaks to the media as he walks to Marine One prior to departing from the South Lawn of the White House in Washington, DC, October 27, 2020. — AFP pic

Today, Beijing lashed out at the US for “abusing state power to arbitrarily oppress Chinese companies”, saying the move “severely undermines” trade and investment cooperation between both countries. Yesterday’s order prohibits US companies and individuals owning shares in any of the listed companies, which include major telecommunications, construction and technology firms such as China Mobile, China Telecom, video surveillance firm Hikvision, and China Railway Construction Corp.

He said the companies included on the list “routinely target American citizens and businesses through cyber operations”, as well as its economy and military.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines