Divesting from Communist China’s Military Act of 2026 (S3640)
Current understanding
S3640 (119th Congress) would require divestment from entities identified as tied to the Chinese military. The bill was referred to the Senate Committee on Banking, Housing, and Urban Affairs; specific covered-entity criteria, divestment timelines, and effects on U.S. investors, importers/exporters with PRC exposure, and consumer prices have not yet been characterized from the available text.
Evidence log
- 2026-01-14 — Divesting from Communist China’s Military Act of 2026: cross-connection with strategic-export-controls-border-security: Both target PRC-military national-security risks — S3640 through mandatory divestment from military-linked entities (investment side), HR8689 through strategic export-control tightening (technology-flow side). (novelty: 2)