Under Joe Biden, tapping US capital markets will get even tougher for corporate China

“The main concern is about not allowing US money to finance military developments that will be bad for the United States,” said Anna Ashton, senior director of government affairs at the Washington-based US-China Business Council. “I don’t think with President-elect Joe Biden, it’s going to be a return to the previous status quo before the Trump administration. Restricting US investment in companies that have clear ties to China’s defence industry is the issue that matters most to most people on the Hill.”