Written Testimony to the CECC: Implementation of the Uyghur Forced Labor Prevention Act and the Impact on Global Supply Chains

The following written testimony was submitted to the Congressional-Executive Commission China (CECC) on April 18, 2023 by CPA’s Robby Stephany Saunders, Vice President for National Security, and Charles Benoit, Trade Counsel.           Before the Congressional-Executive Commission on China WRITTEN TESTIMONY Tuesday, April 18, 2023 at 10:00am ET | Submitted on Tuesday,…

Details

CPA Releases List of 50 Chinese Forced Labor Companies Funded by U.S. Capital Markets

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a list of 50 Chinese enterprises with publicly reported links to, or usage of, forced labor in the People’s Republic of China (PRC) identified using open-source research. The companies included in this list are publicly traded, including both mainland-listed and Hong Kong-listed stocks, as…

Details

Chinese Forced Labor Companies Funded by U.S. Capital Markets

Wall Street, and tens of millions of unwitting American investors, are currently funding Chinese entities with publicly reported links to or usage of forced labor in the People’s Republic of China (PRC). The following list of 50 Chinese entities included in the data below are publicly traded, including both mainland-listed and Hong Kong-listed stocks, as…

Details

CPA Applauds Bipartisan Ways and Means Committee Vote on Solar CRA

Bill Now Heads to Full House Floor WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after the House Ways and Means Committee, in a bipartisan vote of 26–13, passed legislation (H.J. Res 39) introduced by U.S. Representatives Bill Posey (R-FL) and Dan Kildee (D-MI) that will repeal President Biden’s Solar…

Details

POLL: Strong Majority of Voters Support Congress Passing Solar CRA

Voters are Opposed to Biden Administration’s Solar Emergency Declaration that Protects China’s Illegal Trade Activity 91% of likely voters think it’s important to have a domestic supply chain for solar energy and to produce solar equipment in the U.S. 80% of likely voters, including 76% of Democrats and 77% of Independents, are concerned that the…

Details

Chinese Manufacturers Could Earn Up To $125 Billion in U.S. Renewable Energy Tax Credits

U.S., European, and Chinese solar equipment manufacturers have rushed out announcements of investment in factories to make U.S. solar panels and related equipment since the Inflation Reduction Act (IRA) was signed into law last year. The tax credits designed to spur a move to solar energy are generous and the U.S. could soon be producing…

Details

U.S. International Debt Has Doubled in Five Years to Over $50,000 For Each American

America’s international debt continues to grow. According to the federal government’s Bureau of Economic Analysis, our international debt, referred to in government data as Net International Investment Position (NIIP) reached negative $16.1 trillion at the end of 2022, in other words a debt of just over $16 trillion to foreigners. This is equivalent to 69%…

Details