On Tuesday ’s broadcast of CNBC’s “Last Call, ” Select Committee on the CCP Rep. The committee reviewed a report on China’s role in the fentanyl crisis, and Rep. Raja Krishnamoorthi (D-IL ) claimed that many of the companies that export the substance are “actually controlled by the Chinese Communist Party.” ”
According to Krishnamoorthi, fentanyl export to the United States are limited. S. by Chinese companies, the Chinese government, “to charitably put it, [turns ] a blind eye and remain[s ] unconcerned. ”
Krishnamoorthi added that he does n’t hear if China does this on function and he does n’t “have an answer as to what’s inside Xi Jinping’s head or the position committee. ” But “they surely know of the organizations who receive these…tax subsidies, these incentives for the trade of different materials, including fentanyl, including unlawful fentanyl. Second, many of these businesses are basically under the control of the Chinese Communist Party. In other words, they have bets, they’re state-owned companies in some cases, or they have what are called beautiful stocks or table seats on those companies ’ board. And then the next thing, which is very shocking, is that some of these institutions receive awards, recognition, different forms of grants from the condition for their activities, including their unlawful activities, obviously. ”
He came to the conclusion that to defuse the de minimis hole and improve the sanctions authority, we must strengthen or improve it. S.
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