To ensure that commercial activities of the People's Liberation Army of China or any Communist Chinese military company in the United States are monitored and are subject to the authorities under the International Emergency Economic Powers Act.

Directs the Secretary of Defense to list, and publish in the Federal Register, persons who are Communist Chinese military companies operating directly or indirectly in the United States or any of its territories and possessions. Authorizes the President to exercise authorities under the International Emergency Economic Powers Act to regulate, prohibit, or penalize certain transactions involving foreign currency, transfers of credit, or property with respect to any activities of such companies in the United States.