Biden expands US investment ban on Chinese firms.

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US President Joe Biden is set to ban Americans from investing in dozens of Chinese tech and defence firms with alleged military ties.
The new executive order will come into effect on 2 August, hitting 59 firms including communications giant Huawei. The list of firms will be updated on a rolling basis.
The move expands an order previously issued by ex-President Donald Trump.
Even before the official announcement, China suggested it would retaliate.

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