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Trump is targeting China’s national champions on his way out the door – CNN

The Trump administration is continuing to inflict damage on China’s prized businesses in its final weeks, with actions that could make it harder for President-elect…

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Hong Kong (CNN Business)The Trump administration is continuing to inflict damage on China’s prized businesses in its final weeks, with actions that could make it harder for President-elect Joe Biden to rebuild relations once he takes office.
The latest move came Thursday when the US Department of Defense added China’s top chipmaker SMIC, oil giant CNOOC and several other firms to a list of companies that the department claims are owned or controlled by the Chinese military. That means they’re now…

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