When China’s predatory investments go unnoticed

In May, I (Rep. Jim Banks) introduced legislation to temporarily restrict acquisitions of U.S. companies and assets by the People’s Republic of China (H.R. 6706). The legislation was largely in response to discussions about so-called predatory investments by the Chinese government and China’s propensity to act most aggressively when its enemies are most vulnerable. As soon as tomorrow, yet another American company with sensitive intellectual property may be purchased by individuals with troubling and opaque connections to Chinese officials and even former officials of the Chinese Communist Party, or CCP.