Forwarded from 📡Guardians of Hong Kong
Trump bans U.S. investments in companies linked to China military
U.S. President Donal Trump issued an order barring Americans from investing in companies that U.S. officials say are owned or controlled by the Chinese military.
Thursday’s order bars American investors from conducting any transactions in publicly traded securities issued by the secretary of defense as being linked to the Communist Party’s military wing, the People’s Liberation Army.
The Pentago earlier designated 31 companies military. Most of those companies have no share traded in the United States but many sell stocks, bonds and other securities in markets outside mainland China that are accessible to American investors.
Source: Global News #Nov12
http://globalnews.ca/news/7460278/us-investments-china-ban/
#US #CCP #Sanction #China
U.S. President Donal Trump issued an order barring Americans from investing in companies that U.S. officials say are owned or controlled by the Chinese military.
Thursday’s order bars American investors from conducting any transactions in publicly traded securities issued by the secretary of defense as being linked to the Communist Party’s military wing, the People’s Liberation Army.
The Pentago earlier designated 31 companies military. Most of those companies have no share traded in the United States but many sell stocks, bonds and other securities in markets outside mainland China that are accessible to American investors.
Source: Global News #Nov12
http://globalnews.ca/news/7460278/us-investments-china-ban/
#US #CCP #Sanction #China