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Original title: Another black hand! The Trump administration also included the “black list” of Chinese subsidiaries.
[Texto / Zhang Chenjing]After successively discrediting 35 Chinese companies as “controlled by the Chinese military” and putting them on the “black list”, on December 28 local time, the Trump administration again “put black hands” against these Chinese companies. Bring your subsidiaries into the realm of “suppression.”
Reuters reported that the US Treasury Department tightened guidelines to ban Americans from investing in so-called “Chinese military-related” companies that day, clarifying controversial points in the previously issued executive order, saying the order Executive will apply to exchange transactions. Funds, index funds and subsidiaries of Chinese companies listed as “owned or controlled by the Chinese military.”
Screenshot of Reuters reportIn November, the Trump administration issued an executive order stipulating that as of November 2021, US investors are prohibited from buying securities of Chinese companies that have been “blacklisted.” In response to this move, there was a heated debate within the Trump administration.
Previously, there were media reports that the US Treasury Department was seeking to exclude Chinese corporate subsidiaries from the scope of the executive order. However, the latest Reuters report quoted a source as saying that both the US State Department and the US Department of Defense rejected the proposal to weaken the executive order.
The US Department of the Treasury made it clear in the “Frequently Asked Questions” on its official website on the 28th that the administrative order applies to subsidiaries of any Chinese company that are listed on the Treasury Ministry and that They claim to be controlled by the “Chinese army”. Also included in the list are companies that own more than 50% of their shares.
Currently, the total number of Chinese companies on the US Department of Defense “blacklist” has reached 35, including Huawei,Hikvision、SMICWaiting for Chinese companies. The US Department of Defense previously stated in a statement that it would continue to update this “blacklist” under “appropriate circumstances.”
Reuters previously reported that being “blacklisted” would not trigger any “sanctions”, but the president of the United States can decide whether to impose sanctions, including blocking the properties of these companies.
Under the US government’s executive order to suppress Chinese companies, some index providers have removed some Chinese companies that have been “blacklisted” from their indices.
In response to the Trump administration’s crackdown on Chinese companies, Chinese Foreign Ministry spokesman Hua Chunying said at a regular press conference late last month that we have repeatedly stated China’s position on such topics. China strongly opposes the politicization of Chinese companies and hopes that the United States will provide a fair, just and non-discriminatory environment for Chinese companies to operate, rather than imposing discriminatory sanctions or restrictive measures against Chinese companies in the name of security. national. Obstacles and barriers are established for normal communication and cooperation between the two countries.
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