US Lawmakers Move to Restrict Investments in China Over Security Concerns
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US lawmakers John Moolenaar (R-MI) and Andy Barr (R-KY) introduce the Comprehensive Outbound Investment National Security (COINS) Act on 04 Jan 2025; the bill aims to limit US investments in Chinese sectors linked to military growth and human rights violations; it seeks to protect American savings and retirement funds; a companion bill is introduced in the Senate by John Cornyn (R-TX) and Tim Scott (R-SC); Moolenaar emphasizes responsible investment to prevent funding the CCP's military; investigations revealed over USD 1.9 billion from US venture capital to Chinese AI firms and USD 1.2 billion to China's semiconductor industry; the COINS Act aims to restrict American capital flow into sectors undermining US national security.
#UsLawmakers #China #Investments #NationalSecurity #CoinsAct #HumanRights #Military #Legislation #JohnMoolenaar #AndyBarr
https://www.sentinelassam.com/more-news/international/us-lawmakers-move-to-restrict-investments-in-china-over-security-concerns
The Sentinel Assam /
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2025-01-04 07:02:54
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npub1c8ex2phr5qcyum603rd4w59adswmlm7kwzjptf67s8p8y00qvhts8vuaflPublished at
2025-01-04 07:02:54Event JSON
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"content": "US Lawmakers Move to Restrict Investments in China Over Security Concerns\n==========\n\nUS lawmakers John Moolenaar (R-MI) and Andy Barr (R-KY) introduce the Comprehensive Outbound Investment National Security (COINS) Act on 04 Jan 2025; the bill aims to limit US investments in Chinese sectors linked to military growth and human rights violations; it seeks to protect American savings and retirement funds; a companion bill is introduced in the Senate by John Cornyn (R-TX) and Tim Scott (R-SC); Moolenaar emphasizes responsible investment to prevent funding the CCP's military; investigations revealed over USD 1.9 billion from US venture capital to Chinese AI firms and USD 1.2 billion to China's semiconductor industry; the COINS Act aims to restrict American capital flow into sectors undermining US national security.\n\n#UsLawmakers #China #Investments #NationalSecurity #CoinsAct #HumanRights #Military #Legislation #JohnMoolenaar #AndyBarr\n\nhttps://www.sentinelassam.com/more-news/international/us-lawmakers-move-to-restrict-investments-in-china-over-security-concerns",
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