House China Committee: American Businesses Risk Bolstering Chinese Military
The House of Representatives Select Committee on the Chinese Communist Party (CCP) continues to expose how the CCP’s role in China’s economy harms American national security. At a hearing on July 13th, “Risky Business: Growing Peril for American Companies in China,” Chairman Mike Gallagher reinforced what American companies can expect when they do business in China: “Every foreign business that enters China takes on a sometimes silent, sometimes not-so-silent business partner: the Chinese Communist Party.”
Chief among the dangers for American businesses in China, besides massive intellectual property theft, is the fact that the CCP will weaponize American technology against the United States. As Gallagher stated, “China’s Military-Civil Fusion policy means any private company can be effectively turned into an arm of the… Read More