Continuation of the National Emergency With Respect to the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China
1. Purpose
This notice extends the national emergency related to securities investments that threaten U.S. security connected to companies of the People's Republic of China (PRC) as declared in Executive Order 13959.
2. Key Actions And Directives
- Continuing National Emergency: The President continues the national emergency originally declared in Executive Order 13959.
- Notification to Congress: The notice will be published in the Federal Register and transmitted to Congress as mandated.
3. Important Points
- Ongoing Security Threats: The notice emphasizes that threats from PRC companies still pose extraordinary risks to national security and economic interests.
- Historical Context: The national emergency was first declared on November 12, 2020, focusing on threats from Chinese companies supporting military capabilities.
- Military-Civil Fusion: The PRC's strategy of Military-Civil Fusion is noted as a method coercing civilian businesses to aid military development.
- Legislative Compliance: The continuation of this emergency complies with the National Emergencies Act, reaffirming its legal standing.
- Amendments Overview: Further executive orders have amended and expanded the definitions and scope of the original emergency, indicating increasing concerns over PRC activities.
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