The committee will come to order. Thank you all for coming today, i dont think all of you for being here. It is our honor to have the deputy secretary of state here to testify on u. S. Policy regarding peoples republic of china. I originally defaulting back in march, however, our need to focus on the Community Protests from doing that. It is important this committee continue its work on its most committing Foreign Policy challenges, obviously china is one of those. As a complete mistrust correctly recognized, china is a strategic in global competitor of the United States. It would be the greatest Foreign Policy challenge the United States faces in decades to come. Policies of the Chinese Communist party undermine u. S. Interests and values, as we share with partners around the world. Covid19 has brought this challenge the fork front of american life. We now know just how much the Chinese Communist partys decisions and actions directly affect u. S. Citizens, our allies and partners in t
Cspan. Org. We take you now to a hearing on transNational Crime, including the financing and trafficking of synthetic opioids such as fentanyl. Youre watching live coverage on cspan. Let me welcome everybody to the hearing, and thank you very much for participating. I will start with opening remarks. We will turn to the distinguished cochair for his opening remarks and a brief video. We thank you all very much for being here. A modern day cartel runs more like a fortune 500 conglomerate than like a street gang with departments specializing in logistics, accounting, recruitment, chemical science, and they manage their empires with deadly sophistication. They operate like enormous businesses because a prophet like enormous businesses. Globally, drug traffic revenue totals as much as 652 billion. According to estimates from Global Financial integrity. Mexican cartels like sinaloa and you generation operate in the billions. Enforcement against these massive organizations usually focuses on
Fentanyl. Youre watching live coverage on cspan. Let me welcome everybody to the hearing, and thank you very much for participating. I will start with opening remarks. We will turn to the distinguished cochair for his opening remarks and a brief video. We thank you all very much for being here. A modern day cartel runs more like a fortune 500 conglomerate than like a street gang with departments specializing in logistics, accounting, recruitment, chemical science, and they manage their empires with deadly sophistication. They operate like enormous businesses because a prophet like enormous businesses. Globally, drug traffic revenue totals as much as 652 billion. According to estimates from Global Financial integrity. Mexican cartels like sinaloa and you generation operate in the billions. Enforcement against these massive organizations usually focuses on their Distribution Networks, which makes some sense. The product is contraband, and the cases are easy once the drugs are found. But
Cspan. Org. We take you now to a hearing on transNational Crime, including the financing and trafficking of synthetic opioids such as fentanyl. Youre watching live coverage on cspan. Let me welcome everybody to the hearing, and thank you very much for participating. I will start with opening remarks. We will turn to the distinguished cochair for his opening remarks and a brief video. We thank you all very much for being here. A modern day cartel runs more like a fortune 500 conglomerate than like a street gang with departments specializing in logistics, accounting, recruitment, chemical science, and they manage their empires with deadly sophistication. They operate like enormous businesses because a prophet like enormous businesses. Globally, drug traffic revenue totals as much as 652 billion. According to estimates from Global Financial integrity. Mexican cartels like sinaloa and you generation operate in the billions. Enforcement against these massive organizations usually focuses on
Cspan. Org. We take you now to a hearing on transNational Crime, including the financing and trafficking of synthetic opioids such as fentanyl. Youre watching live coverage on cspan. Let me welcome everybody to the hearing, and thank you very much for participating. I will start with opening remarks. We will turn to the distinguished cochair for his opening remarks and a brief video. We thank you all very much for being here. A modern day cartel runs more like a fortune 500 conglomerate than like a street gang with departments specializing in logistics, accounting, recruitment, chemical science, and they manage their empires with deadly sophistication. They operate like enormous businesses because a prophet like enormous businesses. Globally, drug traffic revenue totals as much as 652 billion. According to estimates from Global Financial integrity. Mexican cartels like sinaloa and you generation operate in the billions. Enforcement against these massive organizations usually focuses on