Trump Strengthens Ban on US Investments in Chinese Military Companies

Trump Strengthens Ban on US Investments in Chinese Military Companies
President Donald Trump exits the White House to walk toward Marine One on the South Lawn in Washington on Jan. 12, 2021. Drew Angerer/Getty Images
Updated:

President Donald Trump signed an order late Wednesday requiring U.S. investors to completely divest their holdings of securities of Pentagon-blacklisted Chinese military companies by Nov. 11, 2021.

The amendment order expands the scope of the initial November executive order (E.O.) 13959, which initially only restricted U.S. investors from buying securities of companies designated by the Pentagon as owned or controlled by the Chinese military by Nov, 11, 2021.