US tweaks requirement for investors to sell off Chinese tech stocks

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The United States last week quietly eased its ban on investors holding stock in, or otherwise profiting from, Chinese companies that are felt to have ties to China’s military.

The ban was first imposed by president Donald Trump with a 2020 executive order that forbade US-based individuals or entities owning shares in private Chinese companies identified as offering support to China’s military, intelligence, and security agencies, by auditing their “development and modernization.”

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www.theregister.com/2022/06/07/us_china_shares_ban_eased/

 

h/t  Dramatic_Spell5708

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