Biden Likely to Continue Chinese Military Company Investment Ban, Report Says
President Joe Biden's administration will likely continue a ban on investments in Chinese military companies introduced under his predecessor President Donald Trump (see 2012290017), Bloomberg reported May 6. Although they will likely continue the measures, administration officials are still in…
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“preliminary discussions” and a decision hasn’t yet been made, the report said. One former Trump administration official suggested that Congress codify the investment restrictions. The White House declined to comment.