In this file photo US President Donald Trump speaks to the media as he walks to Marine One prior to departing from the South Lawn of the White House in Washington, DC, October 27, 2020. — AFP pic
Today, Beijing lashed out at the US for “abusing state power to arbitrarily oppress Chinese companies”, saying the move “severely undermines” trade and investment cooperation between both countries. Yesterday’s order prohibits US companies and individuals owning shares in any of the listed companies, which include major telecommunications, construction and technology firms such as China Mobile, China Telecom, video surveillance firm Hikvision, and China Railway Construction Corp.
He said the companies included on the list “routinely target American citizens and businesses through cyber operations”, as well as its economy and military.