On the recordMay 17, 2021
Even though China knows they might not get all of their money back, they are investing and they realize that they will be able to assert influence over the borrowing country.
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congress.govEven though China knows they might not get all of their money back, they are investing and they realize that they will be able to assert influence over the borrowing country.
Highlighting China's strategic investments in poorer countries during the pandemic.
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This has been a great hearing. I appreciate you all being here and thank you a lot for taking time to come up here.
The motion is agreed to and H.R. 7989 is adopted and will be reported favorably to the House.
It is very important that there are guardrails in place to businesses that get these loans.