In the News: US Investment Ban; Defective Children's Products; and Record QDII Quotas

June 07, 2021 | BY

Vincent Chow

Biden administration expands Trump-era investment ban on Chinese firms with alleged military ties; China customs names and shames foreign brands for importing defective children's products; and SAFE approves record QDII quota

Biden expands U.S. investment ban on Chinese firms with military links

The Biden administration has expanded the ban on U.S. investment in Chinese companies with alleged ties to the Chinese military introduced by the Trump administration. On June 3, President Joe Biden issued Executive Order on Addressing the Threat from Securities Investments that Finance Certain Companies of the People's Republic of China.

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