Part 1: Investing in Communist China won’t fundamentally change the CCP’s minds or behaviors
7/19/2023 【The Select Committee on the CCP: Thunderdome Debate】International trade attorney Ms. Elizabeth Drake: U.S. Investors are being fooled. Investing in Communist China won’t fundamentally change the CCP’s minds or behaviors.
part2:With the CCP’s support, it is super easy to gain access to controlled technologies
7/19/2023 【The Select Committee on the CCP: Thunderdome Debate】Former official of the Commerce Department, Nazak Nikakhtar: The CCP has numerous legal provisions that prohibit companies in Communist China from complying with the U.S. government’s export controls and sanctions. With the CCP’s support, it is super easy to gain access to controlled technologies.
Part 3: US absolutely needs outbound investment limitations on capital transfers to the CCP
7/19/2023 【The Select Committee on the CCP: Thunderdome Debate】Hon. Nazak Nikakhatar: We absolutely need outbound investment limitations on capital transfers to the CCP controlled investments. Time is running out, and we can’t wait any longer. The more we make the wait, the more we’re allowing our dollars to strengthen the CCP. We need to strengthen our capabilities at home rather than China’s.
