Andy Barr: “Exhibit A of how unserious this bill is when it comes to confronting China is how it does nothing to address the key…”

“Exhibit A of how unserious this bill is when it comes to confronting China is how it does nothing to address the key challenge facing us from China, and that is the unfettered access that the Chinese Communist Party military and surveillance companies now have to American capital markets. If we really wanted to confront the threat from China, we would protect American investors from unwittingly financing and fueling the rise of China. This bill does nothing to address that. Right now, American investors are unwittingly fueling the civil-military fusion of the Chinese Communist Party. The House should pass a real bill, a bill recommended by this report, the Chinese Military and Surveillance Company Sanctions Act, that would actually address Chinese access to American capital markets. Mr. Speaker, today, I urge my colleagues to reject this subterfuge, reject this distraction, this bill that they say confronts China but does nothing of the sort, that actually assists and enables the rise of China. Let's formulate a real strategy that will position us to take on the military, economic, and technological threat of the Chinese Communist Party.”