WASHINGTON—A bipartisan House committee on China has prioritized legislation restricting U.S. investment in China, according to the panel’s chair.
Rep. John Moolenaar (R-Mich.), chairman of the House Select Committee on the Chinese Communist Party, said that U.S. investors should not be “funding our own demise.”
“We have to have an outbound investment regime that basically says, ‘No investment in these businesses that are on some kind of a list,’ that says, ‘We shouldn’t be helping the Chinese military, we shouldn’t be supporting genocide,’” Moolenaar said at an event held at the American Enterprise Institute (AEI) on Sept. 25….