China Hawk From Wisconsin Wants to Change How Wall Street Invests
11/17/2023 08:22
Republican lawmaker Mike Gallagher is lobbying for comprehensive bans on key industries, instead of whack-a-mole rules in place now.
The White House likes to speak of its China policy as a small yard with a high fence, where critical technologies are protected even as the world’s two biggest economies continue to do business together. In the view of one US lawmaker, that yard needs to be much bigger.
Representative Mike Gallagher has emerged as one of the most vocal China critics on Capitol Hill, with ambitions that include curbing the flow of American investor money into China. In January, the Wisconsin Republican assumed the leadership of the newly formed Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party.