Washington has banned U.S. investors from 59 Chinese companies
The Biden administration bans Americans from investing in dozens of Chinese defense and surveillance companies to prevent US capital from being used to harm China’s national security.
President Joe Biden on Thursday signed an order banning investments in 59 companies, including Huawei telecommunications equipment maker and Semiconductor Manufacturing International Corporation, China’s largest chip maker, which U.S. intelligence believes is very important to the Chinese military.
Senior U.S. officials have said the ban will take effect Aug. 2. But investors can do business to remove their stakes in the next 12 months. If Americans do not have to dispose of the securities, they will not be able to sell their shares after a period of one year.
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Josie Long, Brighton Festival 2021 c. Giles Smith
On Monday 24 May, Abigail Conway’s The Candle Project opens at The Spire in Kemptown. An ancient ritual for our times, participants can make their own candle with a message inside, to be added to a large installation. At the end of the week, a spectacular livestreamed lighting ceremony will feature soundscapes with contributions from local choirs.
Robot Selfie arrives in Brighton on Friday 28 May. At Greater Brighton Metropolitan College, a wall drawing robot will create a giant mural on an outside wall, using selfies which can be submitted by members of the public from Wednesday 26 May.