CommLaw Monitor
New E.O. Revokes TikTok and WeChat Prohibitions, But Lays Framework for New Restrictions
Yesterday, President Biden signed an Executive Order (“E.O.”) that formally revokes and replaces three earlier E.O.s that aimed to restrict transactions with TikTok, WeChat, and other communications and Fintech…
New Executive Order Targets Investments in Chinese Surveillance and Military Companies
Today, President Biden issued an Executive Order expanding U.S. restrictions on dealings in the publicly traded securities of Chinese companies. Today’s move amends Executive Order 13959 to prohibit U.S. persons from…
China National Offshore Oil Corporation added to U.S. Entity List
Today, the Bureau of Industry & Security (BIS) added China National Offshore Oil Corporation Ltd. (CNOOC) to the U.S. Entity List. Under the new rule, U.S. and non-U.S. exporters are generally prohibited from…
Chinese Tech Firm Subject to U.S. Sanctions for Supporting Censorship in Venezuela
On November 30, the United States sanctioned China National Electronics Import and Export Corporation (CEIEC) by adding the Chinese technology company to the Specially Designated National (SDN) List. Treasury’s Office…
New Executive Order Targets Investments in Chinese Companies Linked to the Military
On November 12, 2020, the President issued Executive Order 13959 (the Order) to prohibit U.S. persons from purchasing the publicly traded securities of certain companies that are affiliated with China’s military. While…