Member Discussion
Executive Order 13959 - Major Financial War With China Imminent
Familiarize yourself with Executive Order 13959 as soon as possible. We are on the brink of a major financial war with China. The executive order prohibits all U.S. investors from purchasing or investing in securities of companies identified by the U.S. government as "Communist Chinese military 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
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.
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