US EditionBill Aims to Close Loophole That Allows Chinese Military to Access US Capital
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3 Articles
Bill Aims to Close Loophole That Allows Chinese Military to Access US Capital
Rep. Scott Perry (R-Pa.) on Jan. 14 introduced the Divesting from Communist China’s Military Act, which would sanction and prohibit investment in Chinese military companies on the Pentagon’s blacklist. The Pentagon and Treasury Department currently maintain, for different purposes, separate lists of Chinese companies within the military-industrial complex. The military is prohibited from opening contracts with entities on the Pentagon blacklist,…
Bill Aims to Close Loophole That Allows Chinese Military to Access US Capital - The Thinking Conservative News
Rep. Scott Perry introduced the Divesting from Communist China’s Military Act to sanction and bar U.S. investment in PLA-linked firms. ban. The post Bill Aims to Close Loophole That Allows Chinese Military to Access US Capital appeared first on The Thinking Conservative News.
On January 14, Republican Representative Scott Perry of Pennsylvania introduced a new bill to ban companies with ties to the Chinese military from receiving funding on the U.S. stock market, while also strengthening sanctions against them.
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