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covered foreign person

Defined in 1 place of the United States Code.

Subject to regulations prescribed in accordance with this subchapter, the term “covered foreign person” means a foreign person that—

(A) is incorporated in, has a principal place of business in, or is organized under the laws of a country of concern;

(B) is a member of the Central Committee of the Chinese Communist Party or is a member of the political leadership of a country of concern;

(C) is subject to the direction or control of a country of concern, as defined by regulation, an entity described in subparagraph (A) or (B), or the state or the government of a country of concern (including any political subdivision, agency, or instrumentality thereof); or

(D) is owned in the aggregate, directly or indirectly, 50 percent or more by a country of concern, an entity described in subparagraph (A) or (B), or the state or the government of a country of concern (including any political subdivision, agency, or instrumentality thereof).

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