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Ban on Investments in Chinese Military and Surveillance Companies

This act aims to restrict U.S. citizens' investments in Chinese companies linked to the defense and surveillance technology sectors. This means Americans will be prohibited from buying or selling shares in such companies, impacting their investment options. The goal is to protect U.S. national security by cutting off funding to these entities.
Key points
Prohibits buying and selling securities of Chinese companies in defense or surveillance technology sectors.
Expands the list of Chinese military-industrial complex companies subject to investment bans.
Strengthens existing sanctions against Chinese entities to prevent circumvention.
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Additional Information
Print number: 118_HR_4658
Sponsor: Rep. Self, Keith [R-TX-3]
Process start date: 2023-07-14