Congress Passes Bill Addressing China’s Theft of Intellectual Property

Derek Scissors, resident fellow at the American Enterprise Institute, at a forum on the Committee on Foreign Investment in the United States at the Hudson Institute in Washington on July 31, 2018. Jennifer Zeng/Epoch Times

WASHINGTON—The Senate passed on Aug. 1 the National Defense Authorization Act (NDAA), which had already been approved by the House by a vote of 359–54 on July 26. Experts say one purpose of the mammoth $716 billion defense authorization bill is “to rein in China’s investments in the United States.”

The bill includes reforms to the Committee on Foreign Investment in the United States (CFIUS). Speaking at a Hudson Institute forum on reforming CFIUS on July 31, Michael Allen, managing director of Beacon Global Strategies, said that the House intelligence committee started to notice the threat from the communist regime in China as early as 2011.