US national security demands divestment from Communist China, writes Sen. MarcoRubio.
. And it’s not alone — scattered across the world, there are hundreds, if not thousands, of CCP-controlled companies being strengthened and supported by U.S. capital.
This is a serious threat to our national security. It’s also a threat to our economy. Beijing’s ability to direct the internal operations of “private” Chinese firms at any time makes investing in those firms financially risky as well as ethically dubious. In recent years, corporate crackdowns by the CCP have cost the United StatesIt makes one thing clear: We never should have let Chinese firms list on our exchanges without following the same disclosure rules as our own companies.
One bit of good news is that Congress has empowered regulators to remove suspicious Chinese firms from American markets with the . Those removals could begin next year or perhaps sooner, if the House will vote on a Senate-passed bill to expedite the process.
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