The desire to pander to the Chinese regime and profit from the nation’s vast markets was causing U.S.-based companies to loosen their ethical and moral standards. They are, as Pence put it, checking their “consciences at the door” when it comes to China.
National Security Risk
On Nov. 7, federal prosecutors brought charges of fraud against Aventura Technologies, Inc., a New York-based security company.While the U.S. military managed to avert any potential intelligence breach, Aventura’s fraud undoubtedly threatened to compromise U.S. national security.
Indeed, the investigation found that “individuals in China were well aware of what was going on.” And this isn’t the first time a scandal like this has happened, either.
US Companies
China’s creeping influence over U.S. businesses, it would seem, is a serious cause for alarm. Increasingly often, U.S. companies are prioritizing Chinese markets to such an extent that they’re willing to engage in morally dubious behavior to capitalize on the potential profits.While not all of these companies have committed criminal acts in pursuit of Chinese markets, they certainly have checked their moral compass at the door.
As the vice president aptly pointed out in his speech, corporations such as Nike and the NBA have abandoned any pretext of their support for First Amendment values. Instead, they’ve been working diligently to actively silence opponents of China’s communist regime. But the problem is far deeper than just that. To curry favor with the Chinese, some U.S. businesses have even taken to flaunting their complete disregard for U.S. interests.
Musk embraced a nation with paltry environmental and human rights records, undermining U.S. interests in the process, all to secure a position within the Chinese economy. Musk’s decision clearly illustrated where his motivations and loyalties lie—and they’re not with the United States.
Unfortunately, this is a growing trend throughout the U.S. economy. Whether these U.S. firms receive federal contracts or billions in subsidies from the federal government ultimately makes no difference.
Clearly, Pence was correct in his assessment. For businesses that prioritize profit above all else, Chinese markets are too great a temptation. And to gain access to them, profiteering companies will readily sacrifice the United States’ interests, principles, and even its national security. Is that a risk we’re willing to take?