POTUS bans Investments that aid China Military

POTUS bans Investments that aid China Military
POTUS bans Investments that aid China Military

POTUS bans Investments that aid China Military

The President of the United States, Donald Trump, has placed a ban on Americans that prevents them from investing in firms that aid the Beijing military.

The executive order includes the name of 31 companies that the president deems to be exploiting the American investment capital to fund military, intelligence and security services including the development of weapons of destruction.

This is the latest of strings events to worsen the relationship between the two countries during Trump’s time in the White House.

The spokesperson for the Chinese foreign ministry, Wang Wenbin, has already hit out on the decision terming it a wrong one and urging trump to withdraw it

This measure not only severely harms the legitimate rights and interests of Chinese companies, it also hurts the interests of international investors including those from the US

Wang Wenbin

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