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…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
“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.