China is waging a "malign" campaign for global domination by 2049, coaxing or coercing U.S. firms to give up technology and intellectual property, usurping U.S. capital to build its companies and supplanting critical American supply chains, House Intelligence Committee Republicans warned Sunday in a memo outlining the stark challenges between Washington and Beijing.
The lawmakers led by Rep. Devin Nunes (R-Calif.), the panel's ranking Republican, announced they had begun an investigation into China's intentions on U.S. soil and the vulnerabilities they create and identified several preliminary conclusions from the evidence gathered so far.
"China is executing a plan to undermine and co-opt U.S. business," Nunes told Just the News. "Corporate America needs to understand that China is targeting them, often using lucrative access to Chinese markets as a means to acquire their technology and innovations, and even to force them to suppress their own employees' freedom of speech on China issues..."
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