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US-China tensions

US releases list of 59 banned Chinese defense and tech companies

Biden's executive order aimed at hindering China's military-industrial complex

U.S. President Joe Biden claims Chinese surveillance technology poses "extraordinary threats."   © Reuters

TOKYO -- U.S. President Joe Biden's latest executive order lists 59 Chinese companies that are banned from receiving U.S. investment due to suspected ties to defense or surveillance technology sectors.

The order prevents U.S. investment from supporting China's military-industrial complex, including military, intelligence and security research and development programs, Biden said in the order.

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