“Even nominally private Chinese firms are not like normal companies. All Chinese firms, and especially those significant enough to register lobbyists in Washington, D.C., are subject to the extrajudicial direction of the Chinese Communist Party,” said Rep. Gallagher. “This bill ensures companies subject to the direction of the CCP face appropriate disclosure standards and Americans better understand how our adversaries seek to use the swamp against us.”
“Chinese companies—particularly powerful ones—are all arms of the Chinese Communist Party and remain ultimately under state control. It’s time our laws recognize that reality. Our bill will close legal loopholes and force lobbyists for Chinese companies to register as foreign agents,” said Sen. Tom Cotton.