Connect with us

Hi, what are you looking for?

Economy

China’s US influence could face crackdown under slate of new bills

: China could face a crackdown on its influence in the U.S. on multiple fronts if a slate of new targeted bills is passed.

Sen. James Lankford, R-Okla., led the introduction of three bills aimed at curbing Chinese influence this week. The measures specifically take action on China’s acquisition of U.S. farmland, its predatory investment and its connections to U.S. education institutions. 

‘China continues to buy up American farm land, steal our patents and expand their authoritarian world view,’ Lankford told Fox News Digital. ‘America will demonstrate to the world our values and maintain our economic and military strength to assure the globe has the best opportunity for freedom. No one in China should doubt America’s resolve and commitment to liberty.’

The Countering Adversarial and Malicious Partnerships at Universities and Schools Act (CAMPUS) would prohibit joint research between U.S. universities and those in China connected to its military and bar federal funds from going to schools that partner with entities linked to it. 

The next bill, known as the Belt & Road Oversight Act, is designed to monitor China’s predatory lending practices and counter any economic coercion. The measure would establish officers at all worldwide embassies who would be charged with tracking its investments in critical infrastructure. 

The third bill would conduct oversight into any purchases of U.S. agricultural land that could pose a national security threat. Named the Security and Oversight of International Landholdings (SOIL) Act, the measure specifically bans any federal assistance for certain real estate holdings that are owned by foreign entities and expands disclosure requirements for land purchases made by any such entities.  

Sen. Marsha Blackburn, R-Tenn., co-sponsored both the CAMPUS and SOIL Acts. 

The bills targeting China’s influence come after the country held recent nuclear talks with Russia and Iran in Beijing. 

Ahead of the meeting, Iran’s foreign ministry spokesperson said the discussions would be about ‘developments related to the nuclear issue and the lifting of sanctions.’

The meeting was downplayed by President Trump earlier in the week. He suggested U.S. adversaries could be talking ‘de-escalation.’ 

‘Well, maybe they’re going to talk about non-nuclear problems. Maybe they’re going to be talking about the de-escalation of nuclear weapons,’ Trump said in the Oval Office. 

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    The presidents of Spain’s regional soccer federations are calling for the resignation of Luis Rubiales, the suspended president of the National Football Association, in...

    Latest News

    Luis Rubiales on Sunday resigned from his position as president of the Spanish soccer federation following weeks of fierce criticism over his unwanted kiss...

    Editor's Pick

    When searching for world-class gold deposits, mining companies prefer high-grade, near-surface mineralization. Epithermal gold deposits check these boxes and more. While gold is often...

    Editor's Pick

    Overview A lot can change in two years — just look at Brazil. Best described as a bit player in the lithium space only...