US releases list of 59 banned Chinese defense and tech companies

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

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

Nikkei staff writers

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.

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