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The flow of U.S. technology, talent, data, and capital into the People’s Republic of China is a threat to the U.S. and its businesses, investors, and consumers.
U.S. Senators Marco Rubio (R-FL) and Mark Warner (D-VA), vice chair and chair of the Senate Select Committee on Intelligence, urged the Biden Administration to expand the use of existing tools and authorities at the Departments of Treasury and Commerce to prevent China’s military-industrial complex and entities complicit in its genocide from benefiting from U.S. technology, talent, and investments.
- “It is widely known that the PRC’s Military-Civil Fusion (MCF) program targets technological advancements in the U.S., as well as university and research partnerships with the U.S., for the PRC’s military development. U.S. technology, talent, and capital continue to contribute—through both lawful and unlawful means, including theft—to the PRC’s development of critical military-use industries, technologies, and related supply chains. The breadth of the MCF program’s ambitions and reach creates dangerous vulnerabilities for U.S. national and economic security as well as undermines respect for democratic values globally.” – Senators Rubio and Warner to Treasury Secretary Janet Yellen
- “Despite recent restrictions on the export of sensitive technologies critical to U.S. national security, we remain deeply concerned that American technology, investment, and talent continue to support the People’s Republic of China’s (PRC’s) military industrial complex, intelligence and security apparatus, its ongoing genocide, and other PRC efforts to displace United States economic leadership. As such, we urge the Department of Commerce to immediately use its authorities to more broadly restrict these activities.” – Senators Rubio and Warner to Commerce Secretary Gina Raimondo
A copy of the letter to the Department of Treasury is available here. A copy of the letter to the Department of Commerce is available here.
