Stop using – and underwriting – CCP corporate threats

Yesterday, the Federal Communications Commission formally designated two giant Chinese telecommunications firms as national security threats. As a result, American carriers will be unable to use our government’s funds to buy equipment for their networks from Huawei or ZTE.

Huawei happens also to have been recently identified by the Pentagon as one of 20 “Communist Chinese military companies” doing business in the United States.

Yet, as things stand now, both Huawei and ZTE are still allowed to raise money in U.S. capital markets – as are at least a dozen other People’s Liberation Army corporations busily underwriting their malevolent activities, including the CCP’s vast arms build-up, with our money.

As Senator Tom Cotton put it recently, “That needs to stop, now.” President Trump should make doing so a priority with respect to ZTE, Huawei and other Chinese corporations that threaten our national security.

This is Frank Gaffney.

About Frank Gaffney, Jr.

Frank Gaffney is the Founder and Executive Chairman of the Center for Security Policy in Washington, D.C. Under Mr. Gaffney's leadership, the Center has been nationally and internationally recognized as a resource for timely, informed and penetrating analyses of foreign and defense policy matters. Mr. Gaffney formerly acted as the Assistant Secretary of Defense for International Security Policy during the Reagan Administration, following four years of service as the Deputy Assistant Secretary of Defense for Nuclear Forces and Arms Control Policy. Previously, he was a professional staff member on the Senate Armed Services Committee under the chairmanship of the late Senator John Tower, and a national security legislative aide to the late Senator Henry M. Jackson.