Channels Television
Updated June 4, 2021
File photo: US President Joe Biden speaks on the American Jobs Plan, following a tour of Tidewater Community College in Norfolk, Virginia on May 3, 2021.
MANDEL NGAN / AFP
Beijing accused the United States of “suppressing” Chinese firms and issued veiled threats of a retaliation Friday, after President Joe Biden expanded a blacklist of companies Americans are barred from investing in.
Biden on Thursday widened a list to 59 Chinese companies that are off-limits to American investors over their links to Beijing’s “military-industrial complex”, as he maintains a campaign of pressure on the Asian superpower.
His predecessor Donald Trump in November issued a list of 31 Chinese companies that were deemed to be supplying or supporting China’s military and security apparatus, adding more firms earlier this year.
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