The move expands national emergency over Chinese surveillance technology used to"facilitate repression or serious human rights abuses," which"undermine the security or democratic values of the United States and our allies," The White House says.
Former president Donald Trump had prohibited Americans from buying stakes in 31 Chinese companies that were deemed to be supplying or supporting China's military and security apparatus, and Biden's move expands the blacklist to 59. Before the US order was released, Beijing repeated its outrage at the Trump-era blacklist on Thursday and vowed to protect Chinese companies' rights, claiming the blacklist was "politically motivated" and "ignores the facts and actual situation" of the firms involved.
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:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden broadens Trump policy restricting investment in Chinese firmsPresident Biden will sign an executive order that would bolster a Trump-era ban on investment in Chinese companies deemed national security threats to the United States Like Ivanka Trump’s Chinese voting machine trademark? Can you imagine using an Ivanka voting machine? 🙄 Breaking news - White House and Biden POTUS JoeBiden gives novavax the go signal to export US production. Great. Now, novavax 💉 can sign the EU deal an the EU can give novavax EUA. As novavax can export supplies from the US without any restrictions I saw several people testifying of making so much money with the help of LISAMARKDONALDT on Bitcoin option trade and I decided to give a try and now I'm glad now she helped me and my colleagues to make $5000 in one week, thank you for transparency and trust.
Source: politico - 🏆 381. / 59 Read more »