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China Manipulating American Businesses to Serve Beijing’s Interests, House GOP Investigation Finds
China Manipulating American Businesses to Serve Beijing’s Interests, House GOP Investigation Finds
The Chinese Communist Party (CCP) is manipulating American companies to help it achieve its aims of shaping public opinion, influencing government decisions, and acquiring U.S. technology, Republican lawmakers warned on June 27. “U.S. businesses are receiving guidance and direction from Chinese officials to influence business operations, investment strategy, and strategic directions,” according to interim findings […]
The Chinese Communist Party (CCP) is manipulating American companies to help it achieve its aims of shaping public opinion, influencing government decisions, and acquiring U.S. technology, Republican lawmakers warned on June 27. “U.S. businesses are receiving guidance and direction from Chinese officials to influence business operations, investment strategy, and strategic directions,” according to interim findings provided to The Epoch Times by lawmakers on the House Permanent Select Committee on Intelligence. The probe also found that U.S. corporate executives and employees practiced “self-censorship,” adjusting their business strategies “due to concerns of Chinese opposition.” Some of China’s influence came from inside U.S. companies. CCP members, either sitting on the boards or holding executive positions in American firms, are known to be “advancing China’s initiatives in acquiring technology and penetrating U.S. markets,” according to the interim findings. The Chinese regime also is keen to get its hands on U.S. technology. According to the ...