Joe Biden To Review Donald Trump's China Investment Blacklist: Report

Donald Trump had prohibited US citizens from buying stakes in 31 Chinese firms that were deemed to be supporting China's security apparatus.

Joe Biden intends to this week overhaul a list of Chinese firms that US investors are allowed to own shares in, as the president re-evaluates the world powers' post-Trump relationship while maintaining pressure on Beijing. Donald Trump prohibited Americans from buying stakes in 31 Chinese companies that were deemed to be supplying or supporting China's military and security apparatus. The list included major telecoms, construction and technology firms such as China Mobile, China Telecom, video surveillance firm Hikvision, and China Railway Construction Corp. It was among a series of measures by the White House aimed at quelling the Asian giant's rise and which has left ties between the two severely strained.