The Washington PostDemocracy Dies in Darkness

Biden expands Trump order by banning U.S. investment in Chinese companies linked to the military or surveillance technology

Biden order moves authority for the ban to the Treasury Department from the Defense Department to give it stronger legal grounding

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June 3, 2021 at 5:38 p.m. EDT
Surveillance cameras are mounted on a lamp post near a large portrait of Chinese leader Mao Zedong at the Tiananmen Gate in Beijing on March 15, 2019. (Andy Wong/AP)
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The Biden administration is expanding a Trump-era order that banned U.S. investment in Chinese companies that support China’s military to include those selling surveillance technology, calling the entities a threat to U.S. interests and values.

A new executive order released Thursday broadens prohibitions that Donald Trump’s administration enacted and moves authority for the ban to the Treasury Department from the Defense Department, to give it stronger legal grounding, senior administration officials said. They spoke on the condition of anonymity to preview the order before its release.