U.S. Blacklists More Chinese Companies. What It Means for You.
President
Joe Biden
on Thursday blacklisted more Chinese companies from U.S. investment, expanding and clarifying a ban introduced last fall by the Trump administration that was aimed at companies the U.S. said had ties to Chinas military complex. The White House said the blacklist was intended to prohibit Chinese defense and surveillance technology firms that might undermine the security or values of the U.S. and allies from getting access to U.S. capital, signaling the administration would…