Biden Delays Chinese Military-Related Investment Ban – NTD

Courtesy of NTD.

From NTD’s Kevin Hogan…

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.

Original Report.

Further Reading:

Biden Administration Delays Trump Era China Defense Investment Order – Financial Times

US President Joe Biden delays Trump’s ban on investments in companies with similar names to blacklisted Chinese firms – South China Morning Post

The new US government has delayed a Trump-era executive order by four months – Computing

Be sure to secure your copy of WINNING SPACE: HOW AMERICA REMAINS A SUPERPOWER (Republic Book Publishers) TODAY!

Republic Book Publishers.

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