The impact of the order Thursday wasn't immediately clear but it could add to pressure on companies including telecom equipment giant Huawei and video surveillance provider Hikvision that already face U.S. export bans and other sanctions.
Political analysts expect little change in policy under Biden due to widespread frustration with China's trade and human rights records and accusations of spying and technology theft. Thursday's order complains the companies targeted "directly support" the Chinese military, intelligence and security apparatus. It said Beijing "exploits United States investors" to finance military development by selling securities in American and foreign financial markets.
The Pentagon earlier designated 31 companies as being owned or controlled by the Chinese military. Many are military contractors or state-owned companies such as phone carrier China Telecom Ltd. But the list also includes Huawei Technologies Ltd. and Hikvision Digital Technology Co., which say they are private and deny they are controlled by the military.
Trudeau should as well.
Gonna be fun to watch CTV applaud Biden overturn this.
But not his own Chinese companies of course.
How soon con clowns forget what their own party did for China.
Trudeau kneels to CCP, too weak. All people related to politics, including the left media, are playing games except Trump.
What about chinese linked Trump businesses?
ctvnews Wow, this has got to be the first time I agree with President Trump. PM Trudeau should do likewise.
Why does Ivanka have voting machine patents from China? Stinks of corruption.
If anyone has watched the China hustle documentary, this is a great move!
Trump can’t ban shit. He’s not President anymore. He has been voted out. Out goes the clown 🤡
Thank god.