Turn off the boobtube and start researching what’s going on in the REAL world. Time to get to work and leave the silliness and lies behind.
Executive Order 13959
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| Executive Order on Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies | |
| Type | Executive order |
|---|---|
| Executive Order number | 13959 |
| Signed by | Donald Trump on November 12, 2020 |
| Federal Register details | |
| Federal Registerdocument number | 2020-25459 |
| Publication date | November 17, 2020 |
| Document citation | 85 FR 73185 |
Executive Order 13959 is a U.S. Presidential Executive Order signed on November 12, 2020 by President Donald Trump. Its stated goal is “Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies”.
Prohibiting investment in “Communist Chinese military companies”
The executive order prohibits all U.S. investors (institutional and retail investors alike) from purchasing or investing in securities of companies identified by the U.S. government as “Communist Chinese military companies.”[1][2] A “Communist Chinese military company” is any company that the U.S. Department of Defense has identified pursuant to Section 1237 of the National Defense Authorization Act for Fiscal Year 1999. The prohibition came into effect on January 11, 2021.[3] On December 28, 2020, guidance on the executive order was published clarifying that the order included subsidiaries of the relevant companies.[4][5]
List of affected companies
Initially, 31 companies were identified, including two companies whose shares are traded on U.S. exchanges. These include companies in aerospace, shipbuilding, construction, technology and communication industries.
- Aero Engine Corporation of China
- Aviation Industry Corporation of China
- China Academy of Launch Vehicle Technology
- China Aerospace Science and Technology Corporation
- China Aerospace Science and Industry Corporation
- China Communications Construction Company
- China Electronics Corporation
- China Electronics Technology Group
- China Mobile
- China National Chemical Corporation (ChemChina)
- China National Chemical Engineering
- China National Nuclear Corporation
- China Nuclear Engineering & Construction Corporation (CNECC)
- China General Nuclear Power Group
- China Railway Construction Corporation
- China Shipbuilding Industry Corporation
- China South Industries Group
- China Spacesat
- China State Construction Engineering
- China State Shipbuilding Corporation
- China Telecommunications Corporation
- China Three Gorges Corporation
- China United Network Communications Group (China Unicom)
- CRRC Corporation
- Dawning Information Industry Co. (Sugon)
- Hikvision
- Huawei
- Inspur
- China North Industries Group Corporation (Norinco)
- Panda Electronics
- Sinochem
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.[6]
- Semiconductor Manufacturing International Corporation (SMIC)
- China National Offshore Oil Corporation (CNOOC)
- China Construction Technology
- China International Engineering Consulting Corporation
I’m not finding what the punishment for disobeying is. Looked at the .gov site but doesn’t seem to be a specific consequence. Did you see one? Like maybe then get their assets seized?
check this out .. what your thoughts
Doesn’t sound like Biden is going to be inaugurated.
(((smile)))