Biden Renews Authority to Ban Investments in Chinese Military Companies
President Joe Biden extended a national emergency that authorizes a ban on U.S. investments in Chinese military companies, the White House said Nov. 9. The ban was first issued during the Trump administration and later expanded by Biden in June…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
by widening the scope of the restrictions to cover companies operating in China’s surveillance technology sector (see 2106030067). The White House said China continues to use civil-military fusion strategies to increase its military-industrial complex, which supports Chinese intelligence activities and threatens U.S. national security. The national emergency was extended to Nov. 12, 2022.