An influential American Congressman on Wednesday introduced a legislation in the House of Representatives that would prevent predatory investments of American companies by the Chinese government.
Introduced by Congressman Jim Banks, member of the House Armed Services Committee, the Restricting Predatory Acquisition During Covid-19 Act would expand the scope of the Committee on Foreign Investment in the United States (CFIUS) to review purchases by companies with ties to the Chinese Communist Party during the Covid-19 pandemic, news agency PTI reported.
"Our job is to ensure the Chinese Communist Party does not profit off a pandemic of their own making. President