Lawmaker to Introduce Bill 'Blocking Chinese Takeovers of US Companies' Amid Pandemic......

China is looking to take advantage of the coronavirus crisis and gobble up distressed companies that are vital to our national defense while they are economically vulnerable and looking for capital,” Green said in an April 22 statement.. Green said he will introduce the SOS ACT (Secure Our Systems Against China’s Tactics), which would set aside $10 billion from the CARES Act, the virus-related relief package, “to incentivize America’s investors to invest their capital in vulnerable companies that are critical to our national security,”..Green said the bill wouldn’t require new funding but would reallocate existing funding in the rescue package.

China seeks to use the pandemic to advance its economic goals, according to a March report by U.S.-based independent consultancy Horizon Advisory, which analyzed recent policies and notices announced by Chinese government agencies, regional governments, and research institutes.

UK lawmakers also expressed concerns when Chinese state-owned investment firm China Reform sought to appoint four new directors to the board of Imagination Technologies, a leading British semiconductor chip designer.

“Germany is on high alert over any possible attempts by China to exploit the economic crisis caused by the coronavirus to take over companies,”

Australia’s Foreign Investment Review Board also is wary about foreign takeovers, particularly by Chinese firms, of financially distressed local businesses, the Sydney Morning Herald reported on March 26.

India announced that investment from countries with which it shares a land border will need to obtain government approval, in an effort to curb “opportunistic” takeovers and acquisitions

JUST THE NEWS.COM---John Solomon's new web site
By David Brody, April 24, 2020 - 12:22pm

Pompeo blasts 'wildly soft' Obama-Biden coddling of Beijing: 'Allowed China to walk all over us'
Secy of State says Biden ignores US efforts to get health experts into China to investigate coronavirus

When it comes to China policy and the U.S. presidential election, a battle is brewing about toughness. More precisely, who is tougher when it comes to dealing with the Chinese Communist Party? Trump or Biden?

For Secretary of State Mike Pompeo, the answer is obvious, and it lies in plain view in the Obama-Biden administration’s record of dealing with China. “Relative to this administration, they were wildly soft,” the secretary of state bluntly told Just the News Thursday.

A new campaign ad by the presumptive Democrat nominee for president lambastes the president for not calling out China earlier and for failing to send American health experts to China to investigate the coronavirus. Biden is ignoring the facts, says Pompeo. “This president and this administration worked diligently to work to get Americans on the ground there in China,” the secretary of state said in a one-on-one interview. “We were rebuffed. The Chinese government wouldn't let it happen.”

The China issue is a sensitive one for the Biden campaign. Trump and his surrogates have been hammering the former vice president as being soft on China, with Trump recently tweeting, “China wants Sleepy Joe sooo badly ... Joe is an easy mark, their DREAM CANDIDATE!” Past campaign ads have also highlighted how Biden’s son Hunter had lucrative business relationships with China. Pompeo opted to zero in on Biden’s last time in federal office.

“The previous administration allowed China to walk all over us,” Pompeo says. “This president has taken a fundamentally 180-degrees different approach with respect to how we respond to the challenges that China presents to American Security."

Specifically, Pompeo points out how the Obama-Biden administration showered the Chinese government with trade benefits, while meekly acquiescing to Chinese regional military ambitions.

“It was during the previous administration that the Chinese government began to arm the South China Sea,” said Pompeo. “The previous administration didn't respond. It allowed them to continue to develop their capacity to move their People's Liberation Navy out and around in the South China Sea. That was the kind of thing that the previous administration permitted.”

Starting in January, after the worldwide coronavirus outbreak began, the Trump Administration tried numerous times to get CDC doctors into China — but to no avail. In March, the president said he asked Chinese President Xi Jinping “whether or not we could send some people, and they didn’t want that.”

Biden’s campaign contends that the administration didn’t push China hard enough. Back in February, Biden told reporters, “I would insist that China allow our scientists in to make a hard determination of how it started.” Biden’s current campaign ad doesn’t mention that two American health officials were included as part of a World Health Organization medical team that visited China back in February.

https://justthenews.com/government/security/pompeo-zaps-wildly-soft-obama-biden-coddling-beijing-allowed-china-walk-all

The monumental disaster of Clinton-era The US-China Relations Act is becoming clearer. It was Bill Clinton’s last (cough)
"presidential accomplishment," the historic moment when a Democrat president of the greatest superpower of all time, sap-happily
handed its own demise to a backward country, poised to strip America of its intellectual and technological superiority.

================================

SOURCE functionhttps://dailycaller.com/2016/09/02/flashback-bill-clinton-collected-donations-then-us-missile-tech-shipped-to-china/

(Lobbying a president at a WH was unheard of till the greedy Me-First Clintons came to town....)

Pres Clinton was lobbied at a WH gala by big buck donor Bernard L. Schwartz, CEO of Loral Space & Communications Ltd......

First Clinton made sure to collect donations ........then he shipped Loral's US missile tech to China.

JOHNNY CHUNG: "Gotta put coins in---ka-ching---to make Clin

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