KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
US bans on investments in firms linked to Chinese military
WASHINGTON: The United States has imposed ban on investments in firms owned or controlled by Chinese military.
The order by the White House in this regard will impact some of China’s biggest companies.
The move is designed to deter US investment firms, pension funds and others from buying shares of 31 Chinese companies that are designated by the US Defense Department as backed by Chinese military.
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