United States of America

United States of America

Extends ban on securities investments in certain Chinese companies

09 Nov 2021

On 9 November 2021, the President of the United States ordered the extension of the state of emergency declared by Executive Order No. 13.959 of 12 November 12, 2020 banning investments from US nationals in certain Chinese companies, which was scheduled to be in effect for one year. The decision extends the validity of the state of emergency by one full year, until 12 November 2022.

Executive Order No. 13.959 of 12 November 2020, which was expanded by Executive Order No. 14.032 of 3 June 2021, bans investments from US nationals in companies related to China's defense and surveillance technology sector. It prohibits U.S. persons from purchasing or selling publicly traded securities of the targeted entities, or any derivative instruments that could provide investment exposure to the aforementioned securities.