Bloomberg: RWR CEO Comments on Pending Amendment to Executive Order Banning U.S. Investment in Chinese Military Companies

On June 2, 2021, Bloomberg reported on the pending issuance of new regulations governing U.S. government prohibitions on investing in certain Chinese military companies. In the article, titled “Biden to Amend Trump’s China Blacklist, Target Key Industries,” RWR’s CEO, Roger Robinson, noted, “Providing Treasury with authority over which Chinese military companies are subject to capital markets sanctions would tend to help Wall Street maintain the status quo to the extent possible.”