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Government Leaders Clash Over Next Step for Trump’s Ban on Chinese Stocks Fight over Trump’s executive order pits Treasury, Wall Street against State Department, Pentagon President-elect Joe Biden has sent signals that the U.S. will remain tough on China, from trade to technology. WSJ’s Jonathan Cheng explains the new administration’s policy approach and how China might respond. Photo: Lintao Zhang/AP By Updated Dec. 17, 2020 9:42 pm ET President Trump’s recent executive order prohibiting Americans from investing in companies tied to Chin...

Government Leaders Clash Over Trump's Ban on Chinese Stocks © From left: Jim Lo Scalzo/EPA/Shutterstock; Jessica McGowan/Getty Images President Trump’s recent executive order prohibiting Americans from investing in companies tied to China’s military complex has set up a fight in the highest ranks of government over how broad the list should be. Since November, the White House barred U.S. investors from buying into 35 Chinese companies the Pentagon has classified as aiding China’s defense, intelligence and security apparatus. It sparked selloffs of Chinese stocks and bonds, forced in...

Markets A Chinese WeWork for Apartments Is in Distress, Leaving Renters Out in the Cold Protests by aggrieved renters have prompted local housing authorities to work with Danke Apartment to resolve its financial crisis Danke Apartment co-founder Jing Gao (fourth from right, front) rang the opening bell at the New York Stock Exchange on Jan. 17. Photo: Danke Apartment/Zuma Press By Updated Dec. 10, 2020 7:57 am ET Financial troubles at a WeWork-like Chinese apartment provider are causing problems for hundreds of thousands of renters, forcing local governments in China ...