ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
US-China tensions

China softens blow of U.S. sanctions on military companies

State-backed funds strengthen targeted sector ahead of Friday deadline

Soldiers of the People's Liberation Army march outside the Great Hall of the People in Beijing in September 2020.   © Reuters

HONG KONG -- With all U.S. citizens and entities forbidden from investing China's military-industrial companies by Friday, Beijing has mobilized state funds and its capital market to cushion the potential fallout.

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