American Business Elites Have Become Lobbyists for China, Expert Says

American Business Elites Have Become Lobbyists for China, Expert Says
Chinese leader Xi Jinping and Vice Premier Liu He (L) attend a group photo session with former U.S. Secretary of State Henry Kissinger, former U.S. Treasury Secretary Henry Paulson (R) and members of a delegation from the 2019 New Economy Forum before a meeting at the Great Hall of the People in Beijing, China on Nov. 22, 2019. Jason Lee-Pool/Getty Images
Michael Washburn
Updated:
0:00

Beijing’s well-documented abusive trade practices, human rights abuses, and territorial aggression have been hard to curb partly because of a lack of alignment between the political and military leadership of democratic nations, on the one hand, and Western business elites engaging in trade with China, on the other, said panelists at a hearing held by the American Enterprise Institute think tank on June 14.

American and European executives tend to allow Beijing’s leaders to lull them into a sense that China’s government is their friend, and changing this false sense is of paramount importance for taking effective action against the Chinese Communist Party’s (CCP) aggression and protecting the national security and economic and political interests of Western powers, the experts said.

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.”
Related Topics