capital and expertise aiding the development of CCP military technology.6 In one of the most concerning examples, the Semi- conductor Manufacturing International Corporation SMIC, the CCP’s semiconductor foundry champion, was supported with U. [...] venture capi- tal for years before being blacklisted by the Pentagon.7 An investigation by the House Select Committee on the Chinese Communist Party found that one American company, Blackrock, has invested more than $429 million in companies that “act directly against the interest of the United States,” including military and technology companies.8 Myth: The Treasury Department doesn’t have data t. [...] Xi is simultaneously extending the CCP’s control of all economic activity in China while also seeking to draw in more foreign investment—in sectors the CCP chooses and on China’s terms.17 Myths and Truths About How to Stop Funding CCP Military Technology Politicians close to Wall Street continue to oppose bipartisan legislation and a White House executive order that would require transparency for. [...] S.–China Economic and Security Review Commission, “Leveling the Playing Field: How to Counter the CCP’s Economic Aggression,” written testimony before Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, U. [...] See also transcript of hearing, Leveling the Playing Field: How to Counter the CCP’s Economic Aggression, Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, U.
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