Biden broadens Trump policy restricting investment in Chinese firms

  • 📰 politico
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

President 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

President Joe Biden on Thursday will sign an executive order that administration officials said would bolster a Trump-era ban on investment in Chinese companies deemed national security threats to the United States.

Biden administration officials said that broadening the ban to also cover surveillance technology firms would help rein in companies that facilitate human rights abuses. Biden administration officials said they were also amending the Trump order in response to Chinese companies bringing a series of court challenges, which the officials said made the original policy “flawed and legally vulnerable.”

“We see this is as one action in the sort of broader sweep of steps we are taking to strengthen our approach to competing with China, and to countering its actions that are against our interests and our values," one senior administration official said Thursday. "We see this is one important step to take what the last administration did and sort of strengthen it, both legally and functionally.

 

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

Muhammad Qasim melihat pangkat kerohanian para Nabi dalam mimpi pada tahun 2009. Nabi Muhammad SAW mempunyai pangkat yg tertinggi, diikuti oleh Nabi Ibrahim AS dan kemudian para Nabi Allah yg lain. Mimpi Qasim diberkati dan peringatan untuk masa hadapan.

This is stupid! Who is benefiting? Not small time investers.

Funny how the national security threat of the GOP is never addressed except when POTUS refers to them as “my friends across the isle”

A Call to Protect People and Nature! Thread to Watch/read, T'h'a'c'k'e'r Pass, Nevada:

Why is Biden a xenophobe?

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.

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

Like Ivanka Trump’s Chinese voting machine trademark? Can you imagine using an Ivanka voting machine? 🙄

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:

 /  🏆 381. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines