ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

Chinese companies shrug off Biden move to extend US blacklist

Analysts warn hawkish stance may hinder Wall Street banks' rush into China

Most of the 59 companies in the new U.S. blacklist are state-owned enterprises in areas where China is working to challenge U.S. supremacy. (Nikkei montage/AP)

HONG KONG/ TAIPEI -- Investors on Friday shrugged off U.S. President Joe Biden's blacklisting of 59 Chinese companies, even as analysts described the move as a "more enforceable" extension of a Trump-era ban on U.S. investment in military-linked entities.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more