WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after the U.S. House of Representatives voted in an overwhelming bipartisan fashion—365 to 65—to form the House Select Committee on China. The new committee will be chaired by Representative Mike Gallagher (R-WI). In December, Chairman Gallagher outlined his vision for the committee’s…
Will China’s risk profile improve this year? By the looks of things, it will not. Some governments are divesting. For government fiduciaries, is it prudent to invest retirement accounts in China?
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after the Public Company Accounting Oversight Board (PCAOB) announced Chinese auditors were in full compliance with U.S. securities regulations. As a result, more than 170 Chinese companies, many with overt ties to the Chinese Communist Party (CCP), will be able to continue…
CPA sent the following letter to the Public Company Accounting Oversight Board (PCAOB) and the Securities and Exchange Commission (SEC) after the PCAOB announced Chinese auditors were in full compliance with U.S. securities regulations. As a result, more than 170 Chinese companies, many with overt ties to the Chinese Communist Party (CCP), will be able…
“U.S. investors are inadvertently subsidizing Chinese companies involved in activities that are contrary to the national security, economic security, and foreign policy interests of the United States. We are also subsidizing the economic growth of the United States’ top global adversary.” — CPA Chief Economist Jeff Ferry WASHINGTON — Jeff Ferry, Chief Economist for the…
Jeff Ferry talks to Congress about Wall Street investments in companies banned for forced labor. And why the need for greater cap market sanctions.
The Congressional-Executive Commission on China hears testimony about Zero Covid and the human rights abuses its exacerbated in the world’s No. 2 economy. In a report by the Commission, calls for more capital market sanctions.
Investment managers say they have a fiduciary responsibility to be in China. Here’s why they need to seriously rethink this.
WASHINGTON — As the Biden administration and Congress consider a potential free trade deal with Taiwan, the Coalition for a Prosperous America (CPA) has documented why such a deal would work against U.S. interests while offering little in the way of meaningful protection for Taiwan. Earlier this month, CPA submitted testimony to the House Ways…
At a recent House Human Rights Commission hearing, the need for more oversight on sanctions to make sure they’re working. And how they could work better.
