New York:In a final push to ratchet up pressure on Beijing before President-elect Joe Biden takes office, Trump admin blacklisted nine other Chinese companies that have alleged connections with the Chinese military. China says the move is political.
After three major Chinese telecoms were delisted from New York Stock Exchange (NYSE), the Trump administration blacklisted nine other Chinese companies that have alleged connections with the Chinese military.
Chinese smartphone manufacturer Xiaomi, Oil giant Cnooc are amongst the nine companies that have been delisted. This is a part of a final push to ratchet up pressure on Beijing before President-elect Joe Biden takes office.