Gatestone Institute – by Gordon G. Chang
Wall Street wants to finance the enemy, and the Biden administration is opening the door wide.
How can this be?
On January 26, the Treasury Department’s Office of Foreign Assets Control issued General License No. 1A, which permits Americans to continue acquiring shares in certain companies associated with “Communist Chinese Military Companies,” known as CCMCs, until May 27. The previous deadline, set by the Trump administration, was January 28. Continue reading “Biden: It’s Okay to Finance China’s Military”