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Sunday, May 9th, 2021

Bills address Chinese Communist Party influence

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Rep. Mark Green (R-TN) has introduced five bills to address the Chinese Communist Party’s malign influence.

Officials said the legislation, previously introduced by Green in the 116th Congress, includes the Bring American Companies Home Act, the Our Money in China Transparency Act, the Secure Our Systems Against China’s Tactics Act, the China Technology Transfer Control Act, and a China debt repayment resolution.

“Communist China’s rise in military and economic power is one of the greatest security threats our nation faces today,” Green said. “China’s leaders are now asserting dominance diplomatically, informationally, militarily, and economically. That’s why I’m reintroducing several bills to strengthen our national security against the CCP’s malign influence.”

Authorities indicated the Bring American Companies Home Act covers the moving costs of companies moving production back to the United States; the Our Money in China Transparency Act requires a full reporting of all federal funds spent in collaboration with Chinese institutions; the Secure Our Systems Against China’s Tactics Act prevents China from purchasing vulnerable American defense companies; the China Technology Transfer Control Act stops China’s military from acquiring sensitive technology and intellectual property; and the
China Debt Repayment resolution calls on China to repay $1.6 trillion in sovereign debt owed to the American people.

“It’s past time we address the CCP’s efforts to exert control in our economy, our educational institutions, and our military industrial base,” Green said. “From stealing sensitive intellectual property to preying on vulnerable American companies, China’s communist leaders have pursued their ambitions at a steep cost to the American people, their own people, and the world. My bills take the swift action we need to protect America’s critical infrastructure and bring our supply chains home. Our security and prosperity depend on it.”