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.

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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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