The ruling communist regime in China is exploiting international financial systems and engaging in predatory loan schemes to unfairly advantage itself, a a U.S. congressman says.
The Chinese Communist Party (CCP) is creating economic dependencies to ensure that nations worldwide can’t break away from its influence, Rep. Frank Lucas (R-Okla.) said.
“The Chinese operate by different standards than the rest of the world,” he said during a Feb. 5 talk at the Hudson Institute, a Washington-based conservative think tank.
“[They’re] creating an empire reminiscent of the colonial period.”
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