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U S delays trading ban on Chinese-military linked securitie

U.S. delays trading ban on Chinese-military linked securities Reuters | May 18, 2021 09:02 PM EDT U.S. President Joe Biden delivers remarks on the April jobs report from the East Room of the White House in Washington, U.S. (Photo : REUTERS/Jonathan Ernst) The Biden administration on Tuesday gave investors two extra weeks to buy or sell securities in certain companies it deems are tied to the Chinese military, an extension it said was needed to craft a stronger policy to prohibit such trades. President Joe Biden s administration has been reviewing a number of aspects of U.S.-China policy, including a ban imposed under his predecessor Donald Trump on investments in certain Chinese companies that the United States says are linked to China s armed forces and intelligence agencies.

U S delays trading ban on Chinese-military linked securities

3 Min Read WASHINGTON (Reuters) -The Biden administration on Tuesday gave investors two extra weeks to buy or sell securities in certain companies it deems are tied to the Chinese military, an extension it said was needed to craft a stronger policy to prohibit such trades. FILE PHOTO: U.S. President Joe Biden delivers remarks on the April jobs report from the East Room of the White House in Washington, U.S., May 7, 2021. REUTERS/Jonathan Ernst President Joe Biden’s administration has been reviewing a number of aspects of U.S.-China policy, including a ban imposed under his predecessor Donald Trump on investments in certain Chinese companies that the United States says are linked to China’s armed forces and intelligence agencies.

US delays trading ban on Chinese-military linked securities

US delays trading ban on Chinese-military linked securities Toggle share menu Advertisement US delays trading ban on Chinese-military linked securities The New York Stock Exchange is seen in New York, Nov 23, 2020. (File photo: AP/Seth Wenig) 19 May 2021 02:21AM (Updated: 19 May 2021 07:05AM) Share this content Bookmark WASHINGTON: The Biden administration on Tuesday (May 18) gave investors two extra weeks to buy or sell securities in certain companies it deems are tied to the Chinese military, an extension it said was needed to craft a stronger policy to prohibit such trades. President Joe Biden s administration has been reviewing a number of aspects of US-China policy, including a ban imposed under his predecessor Donald Trump on investments in certain Chinese companies that the United States says are linked to China s armed forces and intelligence agencies.

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