WASHINGTON—A Chinese smartphone maker won a key legal victory against the U.S. government this spring, which is expected to embolden more Chinese companies with military ties to challenge a Trump-era ban that prohibited U.S. investors from investing in their firms. The Department of Defense in May officially removed China’s Xiaomi, the world’s third-largest smartphone vendor, from…
Chinese Military Firms Challenge Pentagon to Reverse Trump’s Investment Ban
China Critics React to Pentagon Delaying Report on Chinese Military Firms
WASHINGTON—The Pentagon has failed to release an annual list of Chinese companies with military ties, triggering concerns that the Biden administration could be hesitating to enforce a Trump-era executive order that banned investments in these companies. The Financial Times reported on May 13 that the Department of Defense missed the deadline to publish a legally…
US Government Should Further Limit Investments in China: Panel
March 21, 2021
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WASHINGTON—The Trump administration took swift actions in its final months to ban investments in communist Chinese military companies, in an effort to curb Beijing’s access to the lucrative U.S. stock market. However, more work needs to be done to protect U.S. capital markets and critical technologies, according to a panel of China experts. There’s a need to…
Rep. Jackson on Threat of Chinese Military Companies
Rep. Ronny Jackson (R-Texas) spoke with NTD’s Melina Wisecup about the threat of Chinese military companies and why he will work in Congress to preserve former President Donald Trump’s tough stance on China, even as the Biden administration sends signals that Biden’s trying to soften up on the CCP. The representative’s first move in Congress…
Video: Rep. Jackson on Threat of Chinese Military Companies
Rep. Ronny Jackson (R-Texas) spoke with NTD’s Melina Wisecup about the threat of Chinese military companies and why he will work in Congress to preserve former President Donald Trump’s tough stance on China, even as the Biden administration sends signals that Biden’s trying to soften up on the CCP. The representative’s first move in Congress…
Trump Speeds Up Ban on Chinese Stocks in Final Weeks
WASHINGTON—In his final weeks in office, President Donald Trump and his Cabinet members took swift actions to ban investments in large Chinese companies, a major step in curbing Beijing’s access to lucrative U.S. capital markets. The administration has banned investing in 44 companies identified by the U.S. Department of Defense as “Communist Chinese military companies.” U.S. investors will have to…
Trump Speeds Ban on Chinese Stocks in Final Weeks
WASHINGTON—In his final weeks in office, President Donald Trump and his Cabinet members took swift actions to ban investments in large Chinese companies, a major step in curbing Beijing’s access to lucrative U.S. capital markets. The administration has banned investing in 44 companies identified by the U.S. Department of Defense as “Communist Chinese military companies.” U.S. investors will have to…
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