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Biden Blacklists Additional Chinese Companies

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US President Joe Biden on Thursday added nearly 30 Chinese companies to a blacklist of companies allegedly associated with the Chinese military. The White House announced that.

 

The blacklist has been expanded from 31 to 59 companies.

This includes technology giant Huawei, oil giant CNOOC, construction group China Railway Construction and video surveillance company Hikvision.

Americans are no longer allowed to invest in companies on the list.

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