Covid Relief Should Protect American Not Chinese Defense Companies Opinion
Between $192 to $419 million of the nation’s COVID stimulus funds have gone to more than 125 companies that Chinese interests either own or have a significant investment stake in. At least eight of these beneficiaries have a direct tie to the People’s Liberation Army. This concerning list includes Continental Aerospace Technologies, a state-owned defense company that received up to $10 million. Two subsidiaries of China’s HNA Group, a Fortune 500 company involved in aviation and financial services, received up to $1 million each....