In the space of 24 hours this week, a pair of U.S. House committees held hearings exploring the impact of China’s aggressive use of economic power against the U.S. and its allies, and considered measures the U.S. might take to counter Beijing’s efforts.
More than half a dozen witnesses told lawmakers about the ways China uses its economic might to coerce smaller countries into providing favorable trade arrangements and to force businesses that want to operate in China to surrender intellectual property, which is then provided to Chinese-owned competitors.
