As the world’s attention shifts heavily to Beijing’s role in the world in the aftermath of the shootdown of its spy balloon over U.S. territory on Feb. 4, a special hearing of the House Financial Services Committee will address subversion and aggression emanating from communist-ruled China and consider legislative proposals to counter these threats.
A topic of special interest will be how to offer alternatives to U.S. businesses that buy and sell intensively in China and make heavy use of Chinese labor, including forced labor in Xinjiang Province.
Entitled “Combatting the Economic Threat From China,” the hearing features four confirmed speakers with expertise in economic policy, global trade and diplomacy, and counterterrorism. The witnesses scheduled to testify are Clete Willems, a partner at the law firm Akin Gump Strauss Hauer & Feld and a special assistant to the president for international trade, investment, and development during the Donald Trump administration; Tom Feddo, founder and director of The Rubicon Advisors LLC; Eric Lorber, principal of the Cyber, Risk & Regulatory practice at PricewaterhouseCoopers and a senior advisor to the undersecretary of State for Terrorism and Financial Intelligence during the Trump administration; and Rich Ashooh, corporate vice president for global trade and government affairs at the Lam Research Corporation….