Multiple potential witnesses pulled out of a congressional committee hearing on U.S.–China economic relations because of fear of backlash from the Chinese Communist Party (CCP), according to Rep. Brad Sherman (D-Calif.), chairman of the House Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets.
Sherman made the disclosure at the outset of the Oct. 26 hearing, which was convened to examine risks to U.S. investors posed by Chinese companies and other foreign issuers.