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Biden Blocks 59 Chinese Companies in Amended Trump Order

Biden Blocks 59 Chinese Companies in Amended Trump Order
Bloomberg
2 hrs ago
Jennifer Jacobs
(Bloomberg) President Joe Biden signed an order Thursday amending a ban on U.S. investment in Chinese companies begun under his predecessor, naming 59 firms with ties to China’s military or in the surveillance industry, including Huawei Technologies Co. and the country’s three biggest telecommunications companies.
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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 Hi ....

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Pakistan's Recently Imported Chinese Battle Tanks Make Their First Public Appearance

Pakistan's Recently Imported Chinese Battle Tanks Make Their First Public Appearance
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Inner Mongolia , Nei Mongol , Pakistan Army , Mongolia First Machinery Group Co , China North Industries Group Corporation , Pakistan Day Parade , Inner Mongolia First Machinery Group , Field Firing Ranges , உள் மங்கோலியா , னே மங்கோல் , பாக்கிஸ்தான் இராணுவம் , மங்கோலியா முதல் இயந்திரங்கள் குழு இணை , சீனா வடக்கு தொழில்கள் குழு நிறுவனம் , பாக்கிஸ்தான் நாள் அணிவகுப்பு , உள் மங்கோலியா முதல் இயந்திரங்கள் குழு , புலம் துப்பாக்கி சூடு வரம்புகள் ,