(B), the term assets refers to public monies and includes any pension, retirement, annuity, or endowment fund, or similar instrument, that is controlled by a State or local government. (B) Exception The term assets does not include employee benefit plans covered by title I of the Employee Retirement Income Security Act of 1974 ( 29 U.S.C. 1001 et seq. ). (2) Chinese entity The term Chinese entity means— (A) a person that is incorporated in, has a principal place of business in, or is organized under the laws of the People’s Republic of China