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WASHINGTON, DC – Rep. Mike Gallagher (R-WI), Chairman of the House Select Committee on the Chinese Communist Party, released the below statement following reports that Shein has filed a U.S. IPO while being under an active congressional investigation.
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The Wall Street Journal | Rep. Mike Gallagher
During his September trip to Vietnam, President Biden dismissed a reporter who asked for his thoughts on the threat the Chinese Communist Party poses to Taiwan. “I think China has a difficult economic problem right now,” Mr. Biden said. “I don’t think it’s going to cause China to invade Taiwan. And matter of fact, the opposite—it probably doesn’t have the same capacity that it had before.”
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WASHINGTON, DC – Rep. Mike Gallagher (R-WI), Chairman of the House Select Committee on the Chinese Communist Party, released the statement below on Ford’s decision to continue its licensing agreement with Chinese Communist Party linked EV battery firm, CATL.
WASHINGTON, DC – Rep. Mike Gallagher (R-WI), Chairman of the House Select Committee on the Chinese Communist Party, today released the below on the Federal Retirement Thrift Investment Board announcing that no companies in the People's Republic of China and Hong Kong would be included in its I Fund benchmark, a move that will ensure federal government employee savings will not be passively invested in Chinese companies.
Rep. Mike Gallagher (R-WI) and Rep. Raja Krishnamoorthi (D-IL), Chairman and Ranking Member of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, today released the statement below lending their support to legislation introduced by Rep. Michael McCaul (R-TX) and Rep. Gregory Meeks (D-NY), Chairman and Ranking Member of the House Foreign Affairs Committee, the "Preventing Adversaries from Developing Critical Capabilities Act".
WASHINGTON, DC – Rep. Mike Gallagher (R-WI) and Rep. Raja Krishnamoorthi (D-IL), Chairman and Ranking Member of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, today released the statement below lending their support to legislation introduced by Rep. Michael McCaul (R-TX) and Rep. Gregory Meeks (D-NY), Chairman and Ranking Member of the House Foreign Affairs Committee, the "Preventing Adversaries from Developing Critical Capabilities Act". This bipartisan bill builds on the Biden administration’s Executive Order “Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern" and expands restrictions on U.S. outbound investment into critical and emerging technology companies in the People's Republic of China.