The Investor Manifesto
Advertisement
  • Business
  • Politics
  • Investing
  • Stocks
No Result
View All Result
  • Business
  • Politics
  • Investing
  • Stocks
No Result
View All Result
The Investor Manifesto
No Result
View All Result
Home Politics

House Republicans tout new bill as ‘strongest’ anti-CCP measure in history

February 29, 2024
in Politics
House Republicans tout new bill as ‘strongest’ anti-CCP measure in history
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

House Republicans are preparing to unveil what they call the ‘strongest’ anti-Chinese government bill in U.S. history Thursday.

If passed, it would dramatically curtail trade with China in areas critical to national security, including telecommunications, pharmaceuticals and military technology.

On the cultural front, the bill would establish avenues for the promotion of U.S.-backed ideals and points critical of Beijing’s ruling Chinese Communist Party (CCP) within China’s own borders.

Republican Study Committee (RSC) Chairman Kevin Hern, R-Okla., is leading the proposal, the Countering Communist China Act, which is being promoted by his 175-member group.

‘We must treat the CCP like the threat they are and use every tool at our disposal to combat their influence in our schools and our government,’ Hern told Fox News Digital.

‘This bill targets the CCP in a comprehensive and vigorous way, putting American safety and economic security first. It’s the strongest legislation against the CCP ever introduced to Congress, and for good reason.’

Rep. Joe Wilson, R-S.C., RSC’s National Security and Foreign Policy Task Force chairman, told Fox News Digital, ‘The CCP dictatorship in China run by Xi Jinping threatens global security, endangers our allies and is destroying the future of the people of China.’

The bill would restrict outbound investments in Chinese technology companies, while also placing trade restrictions on Beijing-backed companies dealing with military tech and surveillance.

It would also call for expanded U.S. production in supply chains dealing with medicine and critical minerals, both of which are heavily dominated by China.

The bill would not fully sever U.S.-China trade, however. Trade in sectors unrelated to national security, such as agricultural goods and toys, is not covered by the proposed restrictions.

Hern’s comprehensive legislation is also aimed at addressing the fentanyl crisis by levying sanctions on Chinese officials and entities linked to the international flow of the lethal drug into the U.S. It also calls for empowering U.S. citizens to sue Chinese government officials after the fentanyl death of a loved one.

Amid the restrictions, the bill also seeks to promote pro-democracy viewpoints to both people in China and the Chinese-speaking diaspora. 

A summary of the bill obtained by Fox News Digital called for the formation of ‘new Mandarin Chinese language social media accounts, radio stations, videos, etc. to amplify the voices of Chinese people as they highlight CCP human rights abuses, and fight for democracy.’

It would be a significant initiative given China’s crackdown on information within its borders, including internet restrictions on content critical of the CCP.

U.S.-China relations, especially on trade, have suffered from rising geopolitical tensions. They primarily stem from Beijing’s aggression in the South China Sea, both countries’ relationship with Taiwan and longstanding allegations of intellectual property theft by CCP-backed entities.

This post appeared first on FOX NEWS

Previous Post

Definitive Feasibility Study Confirms Strong Financial Returns, Rapid Payback for Waroona Renewable Energy Project

Next Post

Lara Trump officially announces campaign for RNC co-chair as Trump loyalists move in

Next Post
Lara Trump officially announces campaign for RNC co-chair as Trump loyalists move in

Lara Trump officially announces campaign for RNC co-chair as Trump loyalists move in

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Xi Jinping’s surprise no-show at BRICS Summit fuels speculation about China’s global standing

    Xi Jinping’s surprise no-show at BRICS Summit fuels speculation about China’s global standing

    July 6, 2025
    Democrats project doom and gloom, not celebration, with July 4 messages

    Democrats project doom and gloom, not celebration, with July 4 messages

    July 6, 2025
    Tech 5: US Lifts EDA Restrictions for China, Apple Explores Third Party AI for Siri

    Tech 5: US Lifts EDA Restrictions for China, Apple Explores Third Party AI for Siri

    July 6, 2025
    Week Ahead: NIFTY Set To Stay In A Defined Range Unless These Levels Are Taken Out; Drags Support Higher

    Week Ahead: NIFTY Set To Stay In A Defined Range Unless These Levels Are Taken Out; Drags Support Higher

    July 5, 2025
    Disclaimer: TheInvestorManifesto.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Popular

    US Strikes Iran:  What Comes Next For Stocks?
    Stocks

    US Strikes Iran: What Comes Next For Stocks?

    June 23, 2025

    Read more

    Recent News

    Xi Jinping’s surprise no-show at BRICS Summit fuels speculation about China’s global standing

    Xi Jinping’s surprise no-show at BRICS Summit fuels speculation about China’s global standing

    July 6, 2025
    Democrats project doom and gloom, not celebration, with July 4 messages

    Democrats project doom and gloom, not celebration, with July 4 messages

    July 6, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Copyright © 2025 theinvestormanifesto.com | All Rights Reserved

    No Result
    View All Result
    • Business
    • Politics
    • Investing
    • Stocks

    Copyright © 2025 theinvestormanifesto.com | All Rights Reserved