Defend America, defund the Chinese Communist Party
USA and China trade war economy conflict tax business finance money / United States raised taxes on imports of goods from China on Container ship in export and import logistics and stock chart graph
Back when Joe Biden was Vice President and his son was working on behalf of the Chinese Communist Party, the Obama administration negotiated a sweetheart deal with Beijing. It gave China’s companies access to U.S. capital markets without requiring them to adhere to our laws and regulations designed to protect investors.
To date, the CCP has extracted some $3 trillion from us without fully disclosing material risks or providing reliable accounting associated with such investments. Now, the Chinese Communists are back for more. Just last week, “Beijing’s Bankers” on Wall Street helped them get here another $12 billion in dollar-denominated sovereign bonds – money that will doubtless be used to our detriment.
We have to stop underwriting our enemy. Let’s begin by no longer giving preferential treatment to the Hong Kong dollar now that that once-free territory is just another enslaved Chinese city.
This is Frank Gaffney.
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