President Joe ***** signed an executive order Thursday expanding a *****-era ban on Americans investing in Chinese companies with purported ties to China’s military.
The order increases the number of restricted Chinese companies from 48 to 59. It also rewrites a previous order issued by former President Donald ***** to include companies that create and deploy surveillance technology, like the technology used against Muslim minorities and dissidents in Hong Kong. The move signals that ***** plans to continue some of the same China-related policies previously put in place by the ***** administration.
The order does not include DJI, WeChat, TikTok, or its parent company ByteDance among the 59 companies, despite previous concerns about…