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US delays trading ban on Chinese-military linked securities

Published

5 years ago

May 19, 2021

The Biden Administration has moved to delay a ban on new US investments in various Chinese companies, as officials try to make sense of the Trump-era policy.

This follows the US Treasury building this week announcing that investors have until June 11 to buy or sell shares of companies on the blacklist.

Up until that deadline, the White House is trying to work out how the China investment ban applies to subsidiaries.

In November 2020, Donald Trump issued an executive order that bans U-S investments in companies owned or controlled by the Chinese military.

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William Howard

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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