BUSINESS/CHINA/TRUMP EXECUTIVE ORDER: “I, DONALD J. TRUMP, President of the United States of America, find that the People’s Republic of China (PRC) is increasingly exploiting United States capital to resource and to enable the development and modernization of its military, intelligence, and other security apparatuses, which continues to allow the PRC to directly threaten the United States…
Key to the development of the PRC’s military, intelligence, and other security apparatuses is the country’s large, ostensibly private economy… At the same time, those companies raise capital by selling securities to United States investors that trade on public exchanges both here and abroad, lobbying United States index providers and funds to include these securities in market offerings, and engaging in other acts to ensure access to United States capital. In that way, the PRC exploits United States investors to finance the development and modernization of its military…
To protect the United States homeland and the American people, I hereby declare a national emergency with respect to this threat.”
-Donald Trump, “Executive Order on Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies,” whitehouse.gov, Nov. 12, 2020
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