Trump administration to mull expansion of China investment ban, say sources | Malay Mail

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WASHINGTON, Jan 8 ― Trump administration officials are expected to discuss a proposed expansion of an executive order banning US investment in alleged Chinese military companies at a Thursday afternoon meeting, according to two people familiar with the matter. At the meeting, officials from the...

Friday, 08 Jan 2021 07:51 AM MYT

At the meeting, officials from the Defence, State and Treasury Departments will consider, among other things, proposed changes to the November directive, which has spurred confusion among investors and firms seeking to comply, five sources said. It was not clear if any final decisions would be made at the meeting. The State and Treasury Departments did not immediately respond to requests for comment and the Defence Department declined to comment.

The November directive spurred some index providers like MSCI to announce plans to shed some of the blacklisted companies from their indexes.

 

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