Nunes and House Republicans investigate China’s efforts to influence corporate America
District of Columbia | June 28, 2021
Devin Nunes and fellow Republicans on the House Intelligence Committee are investigating China’s efforts to manipulate and coerce U.S. businesses and warning that Beijing has launched a “campaign of malign influence across a wide range of U.S. economic sectors.”
The House Republicans on the Intelligence Committee have drawn “preliminary conclusions” and warn that U.S. companies are being manipulated into helping Beijing carry out its anti-American agenda.
“Chinese President Xi Jinping has stated that Beijing’s strategic goal — becoming the dominant world economic and military leader by 2049 — broadly depends on acquiring national power across multiple domains: military, technology, diplomacy, and information,” read a document on the GOP House Intelligence investigation obtained by the Washington Examiner. “The Chinese government’s grip on business is a powerful platform for malign influence. Beijing’s control over Chinese industry and investment enables the acquisition, transfer, and theft of U.S. innovation, technology, and intellectual property.”
China aggressively works to influence and shape events and public opinion to undermine U.S. national and economic security, according to the document. American businesses often help China carry out its dangerous agenda, whether knowingly or not, it said. One key method, the document states, is to entice or coerce collaboration with U.S. entities in order to acquire intellectual property and technology….
(Excerpts from Washington Examiner)