Senate lawmakers want DOD to more closely watch Chinese overseas investments

By Tony Bertuca / May 23, 2019 at 2:12 PM
The Senate Armed Services Committee has agreed to defense authorization bill that would require the Defense Department's annual report on Chinese military strength include a new assessment of Beijing's overseas investments related to national security objectives. Senior committee staffers told reporters China, and to a lesser extent Russia, is the animating force behind many of the bill's measures, specifically those aimed at blocking investments that could compromise the U.S. defense industrial base. Along with modifying the annual report on China,...

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