Bill 118 s 5648, also known as the "Protecting National Security Act," aims to safeguard the national security of the United States by imposing sanctions on certain individuals from the People's Republic of China. The bill also prohibits and requires notifications regarding specific investments made by US persons in China.
The sanctions imposed by this bill are intended to target individuals who pose a threat to US national security. These sanctions may include freezing assets, restricting travel, and other punitive measures. Additionally, the bill requires US persons to notify the government of any investments made in China that could potentially compromise national security.
The purpose of this legislation is to address concerns about China's growing influence and potential threats to US security. By imposing sanctions and increasing transparency around investments in China, the bill aims to protect the interests of the United States and ensure the safety of its citizens.
Overall, the "Protecting National Security Act" is a proactive measure to address national security risks posed by certain individuals and investments from China. It reflects the ongoing efforts of the US Congress to protect the country from external threats and maintain its position as a global leader.