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Biden order bans investment in dozens of Chinese defense, tech firms

Biden order bans investment in dozens of Chinese defense, tech firms
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Biden order bans US investment in dozens of Chinese defence, tech firms

Joe Biden Bans Investment in Dozens of Chinese Firms

Joe Biden Bans Investment in Dozens of Chinese Firms Chinese investors shrugged off the list, with most of the stocks named, including newly-added ones, making gains on Friday morning. FILE PHOTO: U.S. President Joe Biden delivers remarks on the U.S. economy in the East Room at the White House in Washington, U.S., May 10, 2021. REUTERS/Kevin Lamarque/File Photo World4 hours ago Washington: President Joe Biden signed an executive order on Thursday that bans US entities from investing in dozens of Chinese companies with alleged ties to defence or surveillance technology sectors, a move his administration says expands the scope of a legally flawed Trump-era order.

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