US to prevent Chinese influence on US companies by limiting corporate funds
US to prevent Chinese influence on US companies by limiting corporate funds

US to prevent Chinese influence on US companies by limiting corporate funds



ANI |
Up to date:
March 29, 2022 12:45 p.m. IST

Washington [US]March 29 (ANI): U.S. lawmakers try to fix entrepreneur Elon Musk‘s business connections to China, which they fear could include Beijing’s connections to SpaceX, a recent Wall Street Journal report said.
Senator Marco Rubio (R-Fla.) Introduced legislation aimed at correcting the problem, according to The Hill, which tells the Wall Street Journal that “any business operating in China will be pressured and exploited by it. Chinese Communist Party (CCP). “
Elon Musk comes under criticism earlier this year for showcasing its new Tesla showroom in the Xinjiang region, where China holds millions of Uighurs in concentration camps.
A major Muslim civil liberties organization in the United States had called on Tesla Motor’s CEO Elon Musk to close a newly opened showroom and say that no American company should do business in a region that is the focus of a genocide campaign targeting a religious and ethnic minority.
The problem is that all Chinese entities are legally obliged to spy on their government, a practice codified in China’s National Intelligence Act of 2017, The Hill reported, adding that this may be difficult for some Americans to imagine, but it is not insignificant .
“No American company should do business in a region that is the focus of a genocidal campaign targeting a religious and ethnic minority,” said CAIR National Communications Director Ibrahim Hooper. “Elon Musk and Tesla must close this new showroom and cease what amounts to financial support for genocide. “
According to media reports, Tesla has said it has begun operations in a showroom in Urumqi, the capital of Xinjiang. This has aroused widespread criticism.
U.S. lawmakers accuse China of imprisoning as many as 1.8 million Uighurs, Kazakhs, Kyrgyz and members of other Muslim minority groups in a system of out-of-court mass detention camps where they are forced to produce textiles, electronics, food, shoes, tea and handicrafts .
Beijing, on the other hand, has repeatedly denied all allegations of involvement in the Xinjiang attacks.
Meanwhile, the White House has called on private companies to oppose human rights violations and genocide by China in Xinjiang. (ANI)


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