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Trump to ban Americans from investing in Chinese companies

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FILE - Chinese President Xi Jinping (L) holds a grand ceremony to welcome U.S. President Donald Trump at the square outside the east gate of the Great Hall of the People in Beijing, capital of China, Nov.

9, 2017. (Xinhua/Rao Aimin via Getty Images)WASHINGTON - President Trump is increasing pressure on China, and this time he's targeting capital markets.

On Thursday, Trump signed an executive order banning Americans from investing in a group of Chinese companies his administration says supply and support China’s military."The underlying principle is that American capital should not be used to finance Chinese militarization, particularly weapons that are going to be used to kill Americans.

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