Executive order 138481/15/2024 ![]() ^ Davies, Megan Alper, Alexandra John, Alun (December 31, 2020).^ "DOD Releases List of Additional Companies, In Accordance with Section 1237 of FY99 NDAA"."United States adds China's SMIC and CNOOC to Defense blacklist". ^ Alper, Alexandra Pamuk, Humeyra (December 3, 2020).^ "Publication of Communist Chinese Military Companies Frequently Asked Questions and Related List". ![]() ^ "Trump administration bolsters order barring U.S.^ "Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies".^ "Executive Order on Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies".investments in companies linked to Chinese military". ^ Pamuk, Humeyra, Alexandra Alper, Idrees Alper, Alexandra Ali, Idrees ().On December 3, 2020, the Department of Defense designated four additional companies as owned or controlled by the Chinese military, taking the total number of affected companies to 35. China North Industries Group Corporation (Norinco).China United Network Communications Group (China Unicom).China Telecommunications Corporation (China Telecom).China Shipbuilding Industry Corporation.China Nuclear Engineering & Construction Corporation (CNECC).China National Chemical Corporation (ChemChina).China Communications Construction Company.China Aerospace Science and Industry Corporation.China Aerospace Science and Technology Corporation.China Academy of Launch Vehicle Technology.These include companies in aerospace, shipbuilding, construction, technology and communication industries. Initially, 31 companies were identified, including two companies whose shares were traded on U.S. On January 13, 2021, President Biden strengthened the executive order's requirements by issuing Executive Order 13974 ("Amending Executive Order 13959-Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies"), which mandated divestment by November 11, 2021. ![]() On December 28, 2020, guidance on the executive order was published clarifying that the order included subsidiaries of the relevant companies. The prohibition came into effect on January 11, 2021. Department of Defense has identified pursuant to Section 1237 of the National Defense Authorization Act for Fiscal Year 1999. A "Communist Chinese military company" is any company that the U.S. ![]() government as "Communist Chinese military companies". investors ( institutional and retail investors alike) from purchasing or investing in securities of companies identified by the U.S. ![]() Prohibiting investment in "Communist Chinese military companies" 13959 remains in effect and has been expanded by E.O. Its title, and stated goal, is "Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies."Ī related Executive Order 14032 ("Addressing the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China") was signed by President Biden on June 3, 2021. Presidential Executive Order signed on November 12, 2020, by President Donald Trump. executive order regarding security investments Executive Order 13959 Executive Order on Addressing the Threat from Securities Investments that Finance Communist Chinese Military CompaniesĮxecutive Order 13959 is a U.S. ![]()
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