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1. THE CHINESE STATE-OWNED ENTERPRISES TARGETED IN THE
PEASE/PELOSI BILL ARE DEFINED AS FOLLOWS:
'A BUSINESS, CORPORATION, PARTNERSHIP, COMPANY OR PERSON SHALL BE CONSIDERED TO BE STATE-OWNED IF:
(A) ITS ASSETS ARE PRIMARILY OWNED BY CENTRAL OR PROVINCIAL
GOVERNMENT AUTHORITIES.
(B) A SUBSTANTIAL PROPORTION OF ITS PROFITS ARE REQUIRED TO BE SUBMITTED TO CENTRAL OR PROVINCIAL GOVERNMENT AUTHORITIES,
(C) ITS PRODUCTION, PURCHASES OF INPUTS, AND SALES OF OUTPUT, IN WHOLE OR IN PART, ARE SUBJECT TO STATE, SECTORIAL, OR REGIONAL PLANS, OR
(D) A LICENCE ISSUED BY GOVERNMENT AUTHORITIES CLASSIFIES THE
ENTERPRISE AS STATE-OWNED.
ANY BUSINESS, CORPORATION, PARTNERSHIP, COMPANY, OR PERSON THAT -
(A) IS A QUALIFIED FOREIGN JOINT VENTURE OR IS DEFINED BY SUCH AUTHORITIES AS A COLLECTIVE OR PRIVATE ENTERPRISE: OR
(B) IS WHOLLY OWNED BY A FOREIGN BUSINESS, CORPORATION, COMPANY, OR PERSON,
SHALL NOT BE CONSIDER TO BE STATE-OWNED."
2. THE MITCHELL BILL INTRODUCED IN THE SENATE HAS A SIMILAR
PROVISION.
3. GIVEN THE COMPLICATED AND IMPRECISE DEFINITION AND THE
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