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.
Companies
Chinese companies shrug off Biden move to extend US blacklist
Analysts warn hawkish stance may hinder Wall Street banks' rush into China
.jpg?width=780&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto)
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)
Read Next
Latest on Companies
