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China-based shipbuilders added to US investment blacklist

President Biden has amended a ban on US investment in Chinese companies begun by his predecessor, sanctioning more firms — including maritime — with alleged ties to China’s military or surveillance industry

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President Biden said that ‘additional steps’ were necessary to address the national emergency declared in his predecessor’s executive order in November 2020, including the threat posed by China’s ‘the military-industrial complex’

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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