US Investors Continue To Fund The Chinese Military

Op-Ed authored by Antonio Graceffo via The Epoch Times (emphasis ours),

The U.S. Foreign Assets Control (OFAC) issued an online FAQ allowing Americans to continue funding China’s People’s Liberation Army (PLA).

American flags fly outside the New York Stock Exchange in the Financial District in New York, on Jan. 14, 2022. (Mary Altaffer/AP Photo)

The PLA is on the verge of launching its third aircraft carrier as part of its $9 billion dollar carrier program. This hefty price tag represents a small fraction of money the Chinese Communist Party (CCP) has received from U.S. investors.

China “exploits United States investors to finance the development and modernization of its military” wrote then-U.S. President Donald Trump on Nov. 12, 2020, in an executive order banning investment in Chinese stocks linked to the PLA. In the order, Trump accurately said that the key to the

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