Biden adds 59 Chinese companies – including Huawei and military firms – to investment blacklist

Biden adds 59 Chinese companies – including Huawei and military firms – to investment blacklist — RT USA News

President Joe Biden has signed an executive order barring Americans from investing in 59 Chinese firms, including telecoms giant Huawei and a plethora of arms manufacturers. The order builds on an earlier decree by Donald Trump.

Joe Biden and Donald Trump don’t see eye-to-eye on much and, immediately after taking office in January, Biden set about undoing nearly every single Trump policy by executive order. However, hostility toward China is a rare policy shared by both Democrats and Republicans in Washington.

Biden proved this on Thursday, signing an executive order that…

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Biden adds 59 Chinese companies – including Huawei and military firms – to investment blacklist

 

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