In China, Certain companies have names similar, but not identical to, communist Chinese Military companies. Under Biden, the U.S. Treasury Department is temporarily allowing American investment into those companies.
Under the Trump administration, the U.S. banned investment in Chinese militarycompanies. Trump set a deadline for Jan. 28 to stop investment in companies that have similar names. But now Biden’s administration has extended that deadline to late May.
Geopolitical expert Brandon Weichert explains some of the potential dangers of delaying the ban.
Brandon J. Weichert is a geopolitical analyst and author. His book, "Winning Space: How America Remains a Superpower" is due out in Fall 2020 from Republic Book Publishers and addresses the need for a U.S. Space Force, the threats the United States faces from rising technological powers, such as China, in space, and where the United States should be moving in terms of space defense, exploration, and development. On top of that, Brandon is the founder and manager of The Weichert Report: World News Done Right, where he delivers unconventional reportage on some of the world's most important news stories. He is also a contributing editor at American Greatness and The American Spectator, and he contributes to Real Clear Public Affairs, Real Clear World, and Real Clear Defense regularly. Brandon's work on national security has also been republished in Yahoo! News, the New York Post, The Spectator US, and The National Interest. Brandon is a frequent guest on The John Batchelor Show where he comments on Chinese technology and trade policies. He travels the country briefing audiences from the military and tech investment community on matters related to technology and national security. Brandon is a recovering Congressional staffer who holds an M.A. in Statecraft and National Security Affairs from the Institute of World Politics in Washington, D.C. and he can be followed on Twitter @WeTheBrandon. Please be sure to follow The Weichert Report's Facebook page @theweichertreport, too. For any press or media inquiries email him at firstname.lastname@example.org.
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