Trump signs amended China investment ban, requiring complete divestment by Nov 2021

In the initial version of the order released last November, the US investors were only restricted from buying those securities by that date

Trump signs amended China investment ban, requiring complete divestment by Nov 2021

Donald Trump. Reuters file

Washington, January 13

President Donald Trump has signed an amended version of an executive order that bans US investments in alleged Chinese military companies, the White House said on Wednesday.

The changes strengthen the initial order by requiring Americans to completely divest their holdings of securities of the blacklisted companies effective November 11, 2021.

In the initial version of the order released last November, the US investors were only restricted from buying those securities by that date. Reuters had previously reported that the change was under consideration. Reuters

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