U.S. lawmakers to unveil bill banning investment in firms tied to China's military

  • 📰 Reuters
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

A group of Republican lawmakers plans to unveil legislation this week to keep Americans from investing in foreign defense companies with ties to China's military, according to a document seen by Reuters, the latest in a string of measures aimed at curbing U.S. funding for China-based firms.

WASHINGTON - A group of Republican lawmakers plans to unveil legislation this week to keep Americans from investing in foreign defense companies with ties to China’s military, according to a document seen by Reuters, the latest in a string of measures aimed at curbing U.S. funding for China-based firms.

Six months after the report is issued, American companies and citizens would be required to divest from those firms and would be banned from making new investments in them. While it was not immediately clear if Democrats or other Republicans would support the bill, anti-China sentiment is running high in the Capitol after China moved to curb Hong Kong’s independence. Both the Democratically-led House of Representatives and the Republican-controlled Senate approved legislation to punish top Chinese official for human rights abuses against Uighur Muslims.

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:

 /  🏆 2. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Great! Less investment in China, less terminator in China. CCP_is_terrorist

Great!

Every dollars spend and invest, is the vote for the different future, a free and peaceful one, or a bloody and inhumane one

means it will ban most firms from China

The motion behind China's investment

Really should be done pronto. Any companies from a civilised, democratic state should stop investing in or collaborating with military force of authoritarian regimes. It's just common sense isn't it?

There is a wise move to ban ccp company from stealing technology and money from American China Chinazi

Over the years, China has absorbed too much from the United States and is slowly increasing its strength. China should never be allowed to continue to use these methods to threaten the United States. 😤

China is no longer a trustworthy partner to build a reliable, safe, civilized & peaceful world. CCP break promise, use lies, censorship, torture & virus to spoil the world. All countries should find a new partner now. World is much better w/o CCP.

Threats of China infiltrates different aspects, industries, religions, constituencies, Art and more... in different countries' enterprises and academics. Recognise them, stop them and protect your ppl. Cut all CCP related programmes now for safe.

GaryLok4 Well... many Chinese companies are shadowed and influenced by CCP, which is eventually tied to China’s military. It’s a pandora box one yet to open

When your son is about to kill your daughter and your house is on fire, what you worry about is invaded by Martian.

Isn’t that gonna hurt trump financially

Meanwhile--in other areas of military conflict,good ole US of A will sell arms to both sides and play 'pig-in-the-middle' and chief chef at the same time.Nothing like a good war (or a virus) for boosting profits!!

原来美国一直在给解放军投资!! 一边给盟友提供保护,一边投资解放军😱👁️👁️

艰苦奋斗,自力更生。与君共勉。

good

😮 🙂🙂 🤔👁️🤔 Fleacuri si Frisoane in pragul Extinctiei ! .

China can do the same.

How would they know? Everything in China is owned by the Communist party.

They should pay more attention to the beautiful scenes in the US.

Can trump take that kind of pay cut though?

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines