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America will proceed to ban U.S. investments in Chinese language firms that Washington says are owned or managed by the Chinese language navy, President Joe Biden stated on Tuesday.
“The PRC is more and more exploiting United States capital to useful resource and to allow the event and modernization of its navy, intelligence, and different safety apparatuses, which continues to permit the PRC to straight threaten america homeland and United States forces abroad,” Biden stated in a letter to Home Speaker Nancy Pelosi.
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