The draft of the order — the existence of which was first reported by The New York Times, citing four anonymous sources — has not been made public, and the Times reported that it could still be rejected by President Donald Trump. Reuters confirmed details of the Times article, citing an anonymous source.
Such restrictions would be sweeping, potentially affecting the more than 90 million party members and their families. They include many members of China's corporate elite, who would be unable to travel to America to do business. Alibaba (BABA) founder Jack Ma, Dalian Wanda Group founder Wang Jianlin and BYD founder Wang Chuanfu are all members of the Communist Party. Ma, who has a net worth of nearly $50 billion, according to Bloomberg, was famously outed as a communist nearly two years ago by the People's Daily, the ruling party's official newspaper.