Congressman Moolenaar on US Investor Dollars Funding China's Military Rise
Fox BusinessJune 5, 20255 min12,354 views
25 connections·26 entities in this video→US Investor Dollars and China's Military Buildup
- 🎯 Congressman John Moolenaar discusses the critical issue of US investor dollars inadvertently funding the military rise of adversaries, particularly China.
- 💡 He highlights the involvement of major US banks like JP Morgan and Bank of America in underwriting IPOs for Chinese companies, such as CATL, despite national security warnings.
- ⚠️ CATL is alleged to have ties to the Chinese military and supply chains linked to forced labor, raising serious concerns about complicity.
Concerns Over Corporate and University Ties to China
- 🏦 Moolenaar criticizes financial institutions for prioritizing profit over national security, ignoring warnings about affiliations with entities like the Chinese military.
- 🎓 The congressman also addresses Harvard's partnerships with Chinese entities, including the Xinjiang Production and Construction Corps, which has been linked to genocide.
- 🔬 He points out that scientific development from such partnerships could ultimately be used against US armed forces.
Policy and Future Steps
- 🇺🇸 Moolenaar is working with Secretary Besson to implement Trump's National Security Policy Memorandum 3 on outbound investment to strengthen CPHAS.
- 🚀 The goal is to ensure American investor and taxpayer dollars do not enrich adversaries or fund their military advancements.
- 🏫 He notes that other universities like the University of Michigan, Georgia Tech, and Cal Berkeley have discontinued similar partnerships, urging Harvard to follow suit.
- 🗣️ The committee has communicated these concerns to Harvard and is awaiting a response, emphasizing the need for an "America First" approach in education and investment policies.
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What’s Discussed
US-China RelationsNational SecurityOutbound InvestmentCPHAS ReviewChinese MilitaryForced LaborTechnology RaceArtificial IntelligenceElectric VehiclesIPO UnderwritingHarvard UniversityDepartment of DefensePeople's Liberation ArmyAmerica First Policy
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