WSJ: RWR’s CEO, Roger Robinson, Comments on Debate Over Interpretation of Executive Order on China

In a Wall Street Jour­nal arti­cle of Decem­ber 17, 2020, titled “Gov­ern­ment Lead­ers Clash Over Next Step for Trump’s Ban on Chi­nese Stocks,” RWR’s CEO, Roger Robin­son com­ments on the unfold­ing debate over how an Exec­u­tive Order (EO) issued by Pres­i­dent trump on Novem­ber 12 will be inter­pret­ed. The EO pro­hib­it­ed U.S. investors from hold­ing stock in cer­tain Chi­nese com­pa­nies iden­ti­fied by the U.S. Depart­ment of Defense as being affil­i­at­ed with the Chi­nese mil­i­tary, but dis­cus­sion is ongo­ing about the breadth of the EO and, for exam­ple, whether it applies to sub­sidiaries.

Robin­son notes of the ongo­ing dis­cus­sion “This has become a stark debate between the secu­ri­ty com­mu­ni­ty and Trea­sury and who’s going to be giv­en the man­date to inter­pret and exe­cute the president’s inten­tions.” The out­come of the senior gov­ern­ment dis­cus­sions were expect­ed immi­nent­ly.