Trade and Manufacturing Monitor
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…
U.S. Adds 24 Chinese Construction and Communications Companies to the Entity List
Today the Bureau of Industry and Security (BIS) added 24 Chinese state-owned companies to the Entity List for their role in the construction of artificial islands in the South China Sea. The Entity List prohibits the…
Expansion of U.S. Huawei Restrictions: More Foreign-Made Items Are Caught By U.S. Export Controls
On August 20, the Bureau of Industry and Security (“BIS”) published a final rule (“final rule”) amending the Export Administration Regulations (“EAR”) to expand restrictions on transactions involving Huawei entities…
OFAC announces first Hong Kong sanctions designations
On Friday, OFAC issued its first designations under the new Hong Kong sanctions program imposed by E.O. 13936 . OFAC added 11 current and former Hong Kong government officials, including Carrie Lam, Hong Kong’s Chief…
COVID-19 Accountability Act - New Potential Sanctions on China
Earlier this week, the COVID-19 Accountability Act was introduced in the Senate and the House by Rep. Senator Lindsey Graham and Rep. Doug Collins respectively. While the text of the draft legislation is not yet…