Hearing is held to build on President Joe Biden’s executive order banning US investments in four Chinese tech sectors; witnesses urge lawmakers to use existing authorities rather than create new mechanisms.
House Republicans Should Be Supporting, Not Blocking, Investment Curbs on China heritage.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heritage.org Daily Mail and Mail on Sunday newspapers.
Republican North Carolina Rep. Patrick McHenry sent a letter Wednesday announcing that he would not support a measure that would curtail overseas investments in China.
Secretary Raimondo announced that the United States will not be compromising with China on “matters of national security” in response to calls to reconsider the recent Executive Order.