Baku 17° C
Biden signs order banning buying shares of 59 Chinese companies
Other countries
- 04 June, 2021
- 05:48
Add Report.az to preferred Google sources
Stay up to date with the top news!
US President Joe Biden has expanded a Trump-era ban on American investment in dozens of Chinese firms that Washington believes are linked to China’s military, Report informs referring to CNN.
Biden signed an executive order on June 3 that prohibits Americans from owning or trading any securities tied to 59 companies, citing the threat of Chinese surveillance technology.
The original order, signed by former President Donald Trump in November, applied to 31 Chinese companies that the administration said “enable the development and modernization” of China’s military and “directly threaten” US security.
Biden’s new order goes into effect on August 2.
Author
Latest News
21:54
Azerbaijani, Czech ambassadors discuss bilateral ties in Tashkent
Foreign policy
21:48
Photo
'ENGRAM' exhibition opens at Museum of Azerbaijani Painting
Culture
21:38
Erdoğan speaks with Trump during Republic Day dinner with Turkic leaders
Region
21:19
EUFOR helicopter crash kills three in Bosnia and Herzegovina
Other countries
21:08
Photo
Baku dialogue forum participants visit Shusha and Aghdam
Cultural policy
20:57
Death toll in Spain train collision rises to 74
Other countries
20:46
Azerbaijan raises missing persons issue at UN Security Council debate
Foreign policy
20:23
Japan to gradually reduce fuel subsidies from December
Other countries
20:04
Azerbaijan's Rashad Yelkiyev claims judo bronze in Abu Dhabi
Individual sports