A bipartisan congressional report published Wednesday revealed the Chinese Communist Party (CCP) manipulates critical minerals markets to further its global ambitions.
The U.S. House Select Committee on the CCP released the “Predatory Pricing” report following an investigation into market manipulation.
“From cell phones to fighter jets, every American is dependent on minerals that China manipulates for its own selfish reasons,” said Committee Chair Rep. John Moolenaar (R-Mich.) in a statement. “As we saw last month with its rule on rare earths, China has a loaded gun that is pointed at our economy, and we must act quickly.”
Moolenaar accused China of predatory practices that have caused Americans to lose their jobs, driven American miners out of business, and jeopardized national security….
Bipartisan Congressional Report Finds CCP Manipulates Global Mineral Prices
