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

January 14, 2021 admin Stock News 0

© Reuters. FILE PHOTO: U.S. President Trump answers questions during an interview with Reuters in the Oval Office of the White House in Washington

WASHINGTON (Reuters) – President Donald Trump has signed an amended version of an executive order that bans U.S. 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 Nov. 11, 2021.

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

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