China’s Luokung Technology sues US government over Trump’s investment blacklist

//China’s Luokung Technology sues US government over Trump’s investment blacklist

China’s Luokung Technology sues US government over Trump’s investment blacklist

Luokung Technology sued the US government on Thursday, seeking to be removed from a blacklist barring American investors from owning shares of companies with purported ties to the Chinese military.In a lawsuit filed in the US District Court in Washington, the Beijing provider of map software and services, and cloud platform software, said it could face a ban on Americans trading its stock as soon as March 15 after it was added to a government list in January in the waning days of the Trump…

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By | 2021-03-05T12:00:18+00:00 March 5th, 2021|Business|Comments Off on China’s Luokung Technology sues US government over Trump’s investment blacklist