CCP Strategy Is to ‘Buy Off’ US Elites With Lucrative Deals in China’s Markets: Author Peter Schweizer

CCP Strategy Is to ‘Buy Off’ US Elites With Lucrative Deals in China’s Markets: Author Peter Schweizer
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., on Oct. 26, 2020. Mike Segar/Reuters
Michael Washburn
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The Chinese Communist Party (CCP) relies to a large degree on a strategy of luring powerful figures in American politics and business to extend its influence and avoid the consequences of its misdeeds, according to Peter Schweizer, author of the book “Red-Handed: How American Elites Get Rich Helping China.”

“The strategy is to buy off the elites in the United States by giving them lucrative deals and special access to the Chinese market,“ Schweizer told NTD’s ”China in Focus” program on March 21. NTD is an affiliate of The Epoch Times.

Michael Washburn
Michael Washburn
Reporter
Michael Washburn is a New York-based reporter who covers U.S. and China-related topics for The Epoch Times. He has a background in legal and financial journalism, and also writes about arts and culture. Additionally, he is the host of the weekly podcast Reading the Globe. His books include “The Uprooted and Other Stories,” “When We're Grownups,” and “Stranger, Stranger.”
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