Investors in Chinese companies may want to take a deeper dive into their holdings. The State Department this week released the names of more than 1,100 Chinese subsidiaries that fall under the scope of a November executive order that bans U.S. investment in companies the U.S. says has ties to China’s military. Only a handful though are likely in U.S. investors’ portfolios.
It’s the latest development related to an executive order signed by President Donald Trump in November that has created investor confusion about what subsidiaries...
Investors in Chinese companies may want to take a deeper dive into their holdings.
Some of the first China-related actions next year could be related to human rights front, including China’s treatment of Uighurs in Xinjiang and China’s crackdowns on Hong Kong.
Among the first measures could be passage of the Uyghur Forced Labor Protection Act, which has already passed the House and awaits a vote in the Senate. The legislation could impact everything imported into the U.S. that is made in Xinjiang or in facilities with so-called pairing agreements where Uyghur workers are often moved between factories, says Anna Ashton, vice president of government affairs for the U.S.-China Business Council.