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85 FR 73185. Executive Order 13959 is a U.S. Presidential Executive Order signed on November 12, 2020, by President Donald Trump. Its title, and stated goal, is "Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies." A related Executive Order 14032 ("Addressing the Threat From Securities ...
Separately, foreign direct investment into China fell 89% from a year earlier in the second quarter of this year to $4.9 billion, according to data released by the State Administration of Foreign ...
The BIS cited China's use of advanced semiconductors used in their military as a main reason for the new export bans. Specifically, the United States claims China's access to advanced semiconductors enables their military to produce advanced military systems including weapons of mass destruction, improve the speed and accuracy of military ...
The US maintained embargoes against China from the inception of the People's Republic of China in 1949 until 1972. An embargo was reimposed by the US following the 1989 Tiananmen Square protests and massacre. From 2020 onward, the US imposed sanctions and visa restrictions against several Chinese government officials and companies, in response ...
China's international trade council has formally asked the United States to "carefully consider" rules that ban or restrict U.S. investments in China's tech sector, state television reported on ...
Recent tensions between the US and China have already cut into venture capital investments between the nations, but Pitchbook calculates that US investors have participated in nearly $200 billion ...
New constraints on US investments in advanced technology in China will exacerbate a slump in deals between the world’s top two economies and deliver a “major blow” to Chinese startups ...
United States sanctions are financial and trade restrictions imposed against individuals, entities, and jurisdictions whose actions contradict U.S. foreign policy or national security goals. Financial sanctions are primarily administered by the U.S. Department of the Treasury 's Office of Foreign Assets Control (OFAC), while export controls are ...