In a rare show of bipartisanship highlighting increasing awareness of the dangers China poses to U.S. national security, a Republican and a Democrat in the House of Representatives are teaming up to introduce a bill to counter coercive economic practices by the largest remaining communist state. The bill, titled the “Countering China Economic Coercion Act,” is spearheaded by Reps. Ami Bera (D-Calif.) and Ann Wagner (R-Mo.). To achieve this end, the bill would introduce a new interagency task force specifically focused on combating economic coercion by the adversary. The bill opens: “The Government of the People’s Republic of China (PRC) has used coercive economic measures against governments, businesses, organizations, other entities, and individuals to punish them for acting in ways the Government of the PRC sees as challenging PRC interests, and to pressure or other wise influence them to offer policy concessions to the PRC.” China Has Used Economic Threats, …
Bipartisan Duo Introduce Bill to ‘Counter China Economic Coercion’
October 15, 2021
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bipartisanChinaFinance & Business TiesInternational RelationsNational SecurityPolicySpecial TopicsUSUS-China relations
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