US Congressional Report Highlights Beijing’s Failed Attempts to Address Foreign Investment Concerns

Delegates line up to leave after the closing session of the National People's Congress (NPC) in Beijing's Great Hall of the People when the rubber-stamp parliament approved a foreign investment law on March 15, 2019. Greg Baker/AFP/Getty Images

China is causing billions of dollars in losses for the U.S. economy every year while resorting to a number of different tactics to acquire U.S. technology, according to a recently released congressional report.

At the same time, Beijing hasn’t made efforts to address the technology outflow from the United States, despite recently enacting a foreign investment law.