China Free Enterprise Act of 2001

The China Free Enterprise Act of 2001 was a legislative proposal designed to prevent Chinese state-owned companies from being listed or traded on major American stock exchanges, such as the New York Stock Exchange and Nasdaq. If enacted, the bill would have prohibited these government-controlled entities from raising capital through U.S. public markets. For everyday citizens, this would have limited the types of foreign investments available in domestic brokerage accounts and retirement portfolios by removing Chinese government-linked securities from the U.S. financial system.