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World

Monday, November 30, 2020

Trump to add China's SMIC and CNOOC to defense blacklist – sources
World

Trump to add China's SMIC and CNOOC to defense blacklist – sources

Reuters reported earlier this month that the Department of Defense (DOD) was planning to designate four more Chinese companies as owned or controlled by the Chinese military, bringing the number of Chinese companies affected to 35. A recent executive order issued by President Donald Trump would prevent U.S. investors from buying securities of the listed firms starting late next year.
Updated 30 Nov, 2020 02:39pm