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News & Articles By Nolan Barton
03/10/2021
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By Nolan Barton
Biden administration allows Wall Street to refinance China’s military
President Joe Biden’s administration is leaving the door partly open for Wall Street to finance China’s military. The Department of the Treasury‘s Office of Foreign Assets Control on Jan. 26 issued General License No. 1A, which permits Americans to continue acquiring shares in certain companies associated with “Communist Chinese Military Companies,” known as CCMCs, until […]
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