Biden expands blacklist of Chinese firms off-limits to US investors
US President Joe Biden on Thursday expanded a blacklist of Chinese firms that are off-limits to American investors over their links to Beijing’s “military-industrial complex,” in a sign of Washington’s continued pressure campaign against the Asian power.
Former president Donald Trump in November issued a list of 31 Chinese companies that were deemed to be supplying or supporting China’s military and security apparatus, later adding even more firms.
But after legal challenges put the sanctions in…
