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Billions in International Pension Funds Support Abuses in China; Hong Kongers Flee With Their Own Pensions

Billions in International Pension Funds Support Abuses in China; Hong Kongers Flee With Their Own Pensions
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Biden has blocked 59 Chinese companies on Trump s orders Trade War News

Biden blocks 59 Chinese companies including Huawei in amended Trump order

Biden blocks 59 Chinese companies in amended Trump order - The Hindu BusinessLine

Biden Blocks 59 Chinese Companies in Amended Trump Orde

The ban on new investments will take effect Aug. 2 at 12:01 a.m. in New York, according to administration officials who briefed reporters on condition of anonymity. Investors will have one year to fully divest. Biden’s order is largely a continuation of a policy issued by former President Donald Trump that was challenged in court and confused investors over the extent of its reach to subsidiaries of blocked companies. Biden’s position on Trump’s order has been closely watched by Wall Street and Capitol Hill, where lawmakers from both parties have called for a strong stance against China over issues ranging from trade to human rights.

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