{"id":551430,"date":"2021-06-03T17:09:03","date_gmt":"2021-06-03T21:09:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=551430"},"modified":"2021-06-03T17:35:35","modified_gmt":"2021-06-03T21:35:35","slug":"biden-prohibits-investment-in-chinese-companies-tied-to-military-surveillance","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-prohibits-investment-in-chinese-companies-tied-to-military-surveillance\/","title":{"rendered":"Biden Prohibits Investment in Chinese Companies Tied to Military, Surveillance"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-prohibits-investment-in-chinese-companies-tied-to-military-surveillance%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=551430&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/06\/GetFile-171.aspx\" class=\"ff-og-image-inserted\"  style=\"display:none\"><\/div>\n<p>The Biden administration has expanded the list of Chinese companies banned from receiving investment money from Americans.<\/p>\n<p>Biden\u2019s executive order brings to 59 the total number and is aimed at companies linked to China\u2019s military and its surveillance activities. It prevents Americans from investing in those companies, with a 60-day grace period, until Aug. 2.<\/p>\n<p>&#8221;This E.O. allows the United States to prohibit\u00a0\u2014 in a targeted and scoped manner\u00a0\u2014 U.S. investments in Chinese companies that undermine the security or democratic values of the United States and our allies,&#8221; said a\u00a0<a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2021\/06\/03\/fact-sheet-executive-order-addressing-the-threat-from-securities-investments-that-finance-certain-companies-of-the-peoples-republic-of-china\/\">White House fact sheet<\/a>\u00a0accompanying the order.<\/p>\n<p>The goal of the executive order is to &#8220;ensure that U.S. investments are not supporting Chinese companies that undermine the security or values of the United States and our allies,&#8221; per the release.<\/p>\n<p>One senior administration official told reporters the action is\u00a0a broader sweep of steps &#8221;we are taking to strengthen our approach to competing with China and to countering its actions that are against our interests and our values.&#8221;<\/p>\n<p>A China foreign ministry spokesman said the Trump administration\u2019s order was done with a &#8221;total regard of facts&#8221; and that it &#8221;severely disrupted normal market rules and order.&#8221;<\/p>\n<p>&#8221;The U.S. should respect the rule of law and the market, correct its mistakes, and stop actions that undermine the global financial market order and investors\u2019 lawful rights and interests,&#8221;\u00a0Wang Wenbin told reporters in Beijing.<\/p>\n<p>He also said Beijing will take measures to uphold the rights and interests of Chinese businesses.<\/p>\n<p>Biden\u2019s order is an expansion of one issued by former President Donald Trump in November 2020 prohibiting American companies and individuals from owning shares in any of the 31 Chinese companies previously listed as enabling the People\u2019s Liberation Army.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden administration has expanded the list of Chinese companies banned from receiving investment money from Americans. Biden\u2019s executive order brings to 59 the total number and is aimed at &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2279134,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/06\/GetFile-171.aspx","fifu_image_alt":"Biden Prohibits Investment in Chinese Companies Tied to Military, Surveillance","footnotes":""},"categories":[],"tags":[],"class_list":["post-551430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/06\/GetFile-171.aspx","fifu_image_alt":"Biden Prohibits Investment in Chinese Companies Tied to Military, Surveillance","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/551430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=551430"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/551430\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2279134"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=551430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=551430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=551430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}