Name: Biden Delays Chinese Military-Related Investment Ban
Uploaded: 2021-01-28T19:19:51.000Z
Description: In China, Certain companies have names similar, but not identical to, communist Chinese Military companies. Under Biden, the U.S. Treasury Department is temporarily allowing American investment into those companies.

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In China, Certain companies have names similar, but not identical to, communist Chinese Military companies. Under Biden, the U.S. Treasury Department is temporarily allowing American investment into those companies.

Under the Trump administration, the U.S. banned investment in Chinese military companies. Trump set a deadline for Jan. 28 to stop investment in companies that have similar names. But now Biden’s administration has extended that deadline to late May.

Geopolitical expert Brandon Weichert explains some of the potential dangers of delaying the ban.

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