The CCP’s ambitions pose a threat to the world economy. In particular, the CCP has sought to dominate key supply chains in order to bend other countries to its will. Unfortunately, many of our nation’s critical supply chains are dependent on China, including electric vehicles and rare earth minerals.
BILLIONS IN US INVESTMENT GOES TO CHINESE FIRMS LINKED TO CCP MILITARY, HUMAN RIGHTS ABUSES
China already produces nearly 60% of the world’s lithium batteries, and rather than rebuilding our own domestic capacity, state and federal policies are incentivizing Chinese firms to use our own tax dollars for their U.S. ambitions. One of those Chinese companies is CATL, a firm that receives massive subsidies from the CCP, and which has party cells operating throughout the company. Now, as China floods markets around the world with cheap EVs, U.S. automakers are feeling the pressure to keep up and they are looking at partnerships with CATL.
The CCP is not only complicit in the fentanyl crisis, but is the active source in this epidemic which kills nearly 100,000 Americans annually. In this file photo, China's President Xi Jinping arrives to attend the APEC Economic Leaders Meeting during the Asia-Pacific Economic Cooperation, APEC summit, Nov. 19, 2022, in Bangkok, Thailand. (Jack Taylor/Pool Photo via AP)
