Amending Executive Order 13959Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies

Executive Order 2021-01228
Signed on January 14, 2021
ChinaDefense45th Presidency

What it means

This order amends a previous executive order restricting U.S. investments in Chinese companies linked to China's military. It extends divestment deadlines and clarifies definitions of prohibited transactions involving securities from these companies.

Expected impact

  • Enhanced restrictions on U.S. investments in Chinese military-affiliated companies
  • Extended timeline for American investors to divest from securities of identified Chinese military companies
  • Greater authority for the Secretary of Defense and Treasury to identify and list companies meeting the criteria
  • Potential economic pressure on targeted Chinese companies as U.S. investors withdraw their capital
  • Possible diplomatic tensions between the U.S. and China as part of broader economic competition