Part 1: U.S. direct investment in Communist China has increased more than tenfold since 2000
7/19/2023 【Debate of the Select Committee on the CCP】International trade attorney Ms. Elizabeth Drake: U.S. direct investment in Communist China has increased more than tenfold since 2000, but American workers and industries have paid the price. However, the CCP shows no willingness to seriously reform its non-market state-led mercantilist policies.
Part 2:America has built the CCP’s economy via technology transfer rather than investing in our own economy
7/19/2023 【The Select Committee on the CCP: Thunderdome Debate】Former official of the Commerce Department, Nazak Nikakhtar: Over the last 20 years, America has built Communist China’s economy through technology transfer rather than investing in our own economy. Not only will the CCP have the potential to monopolize many emerging technologies, but its stockpile of nuclear warheads is rapidly increasing as well.
Part 3: The lack of legal restrictions to the CCP on their capital flows helped it grow
7/19/2023 【The Select Committee on the CCP: Thunderdome Debate】One of the reasons for the growth of Communist China is the absence of legal restrictions to foreign adversaries on their capital flows. On one hand, Communist China restricts and heavily scrutinizes U.S. investments within its borders, while on the other hand, it utilizes its overseas investments to serve its own national security interests. So why would the U.S. not do the same to Communist China?
