Investment ban

D

dealmaker

Investment ban

American investors are now banned from putting money into Chinese companies that are owned or controlled by the military, per an order from President Trump. China Mobile Communications Group and China Telecoms Corp are both on the list, so shares in China's biggest networks have taken a dive. Also on the list: Huawei, Hikvision, Norinco Group, and China Railway Construction Corp. Fortune
 
Here4money said:
No word on if Chinese can buy stock on American telecom?
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Chinese don't care and are not allowed to anyway. China has strict capital control policies on its citizens. No money gets to leave the country.
 
dealmaker said:
Investment ban

American investors are now banned from putting money into Chinese companies that are owned or controlled by the military, per an order from President Trump. China Mobile Communications Group and China Telecoms Corp are both on the list, so shares in China's biggest networks have taken a dive. Also on the list: Huawei, Hikvision, Norinco Group, and China Railway Construction Corp. Fortune
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About time. US investors shouldn't be investing in companies that are controlled by not just the military but the government also.
 
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