Trump bans investment in firms that aid China's military | The Guardian Nigeria News - Nigeria and World News

US President Donald Trump attends a “National Day of Observance” wreath laying ceremony on November 11, 2020 at Arlington National Cemetery in Arlington, Virginia. – US President Donald Trump made his first official post-election appearance Wednesday for what should be a moment of national unity to mark Veteran’s Day, now marred by his refusal to acknowledge Joe Biden’s win.

US-China relations have deteriorated sharply during Trump’s presidency, and this was the latest in a series of executive orders and regulatory actions that have targeted China’s economic and military expansion.On Friday, Beijing lashed out at the US for “abusing state power to arbitrarily oppress Chinese companies”, saying the move “severely undermines” trade and investment cooperation between both countries.

Under his “America First” banner, Trump has portrayed China as the greatest threat to the United States and global democracy, pursued a trade war with it, harangued Chinese tech firms, and laid all the blame for the coronavirus pandemic at Beijing’s door. News of the move, which will come into effect on January 11, reverberated on the stock market in Hong Kong Friday.

O’Brien also lashed out at Beijing over its removal of four pro-democracy lawmakers in Hong Kong this week, calling the city’s one country, two systems governance a “fig leaf” masking China’s increasingly authoritarian grip on the financial hub. On the campaign trail, the former vice president was outspoken about Beijing’s rights record and Chinese President Xi Jinping, rhetoric that threatens to deepen tensions upon his arrival in the Oval Office in January.

But he banks there and through Shell companies has done business there and paid Tax there too.

😂😂😂 China don suffer for this man hand.. Lmao love that

He will do his worse before he leaves lol 😂 shebi una no vote am

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