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NEW YORK/LONDON (Reuters) - A U.S. Treasury move to delay a ban on investments in companies linked to the Chinese military has left U.S. investors in limbo and unable to tap opportunities non-U.S. investors get to enjoy.
FILE PHOTO: Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang
U.S.-China tensions ratcheted up in the final weeks of Donald Trump’s presidency with his executive order banning investments in companies his administration said were linked to Chinese military activities. Many of them deny those claims, which China’s government says lacks evidence.