The transition to the Biden Administration and an extensive lobbying campaign by Wall Street introduced uncertainty into the fate of the E. [...] One major expansion of these sanctions involves entities determined “to operate or have operated in the defense and related materiel sector or the surveillance technology sector of the economy of the PRC...”. [...] O., the most troubling of which is the new primacy granted the Department of Treasury – over that of the Pentagon in the previous E. [...] A second concern is the treatment of the publicly traded sub- sidiaries of sanctioned companies, which are often the fundraising arms of these major corporate “bad actors”. [...] Other concerns involve the lack of an outright divestment deadline and the seemingly permissive treatment of the dollar-denominated bonds of offending compa- nies.
- Pages
- 3
- Published in
- Czechia
