© Reuters. FILE PHOTO: The Huawei logo can be seen at the IFA consumer technology trade fair in Berlin
(Reuters) – The Trump administration on Thursday released an executive order banning U.S. investment in Chinese firms that Washington says are owned or controlled by the Chinese military.
The contract could involve some of China's largest companies. It aims to deter U.S. investment firms, pension funds, and other companies from buying and selling stocks in 31 Chinese companies that the Department of Defense backed the Chinese military earlier this year.
Below is a list of companies based on Department of Defense data. You can find this here https://media.defense.gov/2020/Aug/28/2002486689/-1/-1/1/LINK_1_1237_TRANCHE-23_QUALIFYING_ENTITIES.PDF and here https: //media.defense.gov/2020/Aug /28/2002486659/-1/-1/1/LINK_2_1237_TRANCHE_1_QUALIFIYING_ENTITIES.PDF. Most of them have subsidiaries in mainland China and / or Hong Kong.
Aviation Industry Corporation from China
China Aerospace Science and Technology Corp.
China Aerospace Science and Industry Corp.
China Electronics Technology Group Corp.
China South Industries Group Corp.
China State Shipbuilding Corp.
China North Industries Group Corp (Norinco Group)
Hangzhou Hikvision Digital Technology
Aero Engine Corporation from China
China Railway Construction Corp.
Panda Electronics Group
Dawning Information Industry Co.
China Mobile (NYSE 🙂 communications group
China General Nuclear Power Group
China National Nuclear Corp.
China Telecommunications Corp.
China communication technology
China Communications Construction Company (CCCC)
China Academy of Launch Vehicle Technology (CALT)
China United Network Communications Group
China Electronics Corporation
China National Chemical Engineering Group Co. Ltd.
China National Chemical Corporation (ChemChina)
SinoChem Group Co Ltd.
China State Construction Group
China Three Gorges Corporation
China Nuclear Engineering & Construction Corporation
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