North -american legislators urge the dry to eliminate companies from Alibaba and Chinese

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The heads of two panels in Congress have urged the Commission on Values ​​and Exchange to eliminate Chinese groups, including Alibaba, who say they have military links that jeopardize the national security of the United States.

John Moolenaar, the Republican President of the China Committee of the Chamber, and Rick Scott, the Republican President of the Senate’s aging commission, wrote to According to President Paul Atkins asked his agency on Friday to take measures against 25 Chinese groups listed in North -Americans.

The objectives also include the Baidu search engine, the JD.com online retail platform and the popular Weibo social network platform.

“These entities benefit from the capital of North -American investors while moving forward the strategic goals of the Chinese Communist Party … supporting military modernization and severe human rights violations,” said legislators a the letterwhich was obtained by the financial times. “They also pose an unacceptable risk to North -American investors.”

Moolenaar and Scott said that, no matter how much Chinese groups appeared on the surface, they were “finally used for dire state purposes”, partly due to the China Military-Civil Fusion Program that requires Chinese companies to share technology with the people’s release army when ordered by Beijing.

The push marks the most recent United States effort to counteract China and reduce their ability to use capital, technology and North -American experience to modernize their military.

Both countries are also wrapped in a War of trade This has aggravated the tensions between Washington and Beijing. The CIA on Thursday also published two Chinese language videos designed to help them recruit more spies Within China.

Moolenaar and Scott said that the extension of PCC control over Chinese companies was “systematically hidden from North -American investors”, and that Chinese law created “unpredictable risk for North -Americans who improving dissemination cannot mitigate.” They added that many of the companies they cited in their letter were “not merely opaque” but were “actively integrated into the Chinese military and surveillance.”

They said that the Sec had tools and the authority under the Law of Liability of Foreign Companies to “suspend negotiation and force to eliminate the suspension or revocation of the record of the values ​​of Chinese companies that do not properly protect North -American investors.”

“The dry can, and it must act,” Moolenaar and Scott wrote.

The goals include Pony Ai, which causes autonomous driving technology, and Hesai, a group of laser sensors that the Pentagon has put on a list of groups with alleged military links, which the company has denied.

They also include Tencent Music, a streaming platform owned by Tencent Holdings, which has already been placed on the blacklist of Pentagon. Another group is Daqo New Energy Corp, a polysyl producer who has previously been on a black list of the United States Department of Commerce allegedly participating in forced work in Xinjiang.

The legislators said that the groups were only a subset of Chinese companies that “were accessed in the North -American capital as they served as a genocidal dictatorship and our main geostratic rival.”

There were 286 Chinese companies in American exchanges from March, according to the United States Economic and Security Review Commission, created by Congress to investigate the security and economic implications of trade and economic relations between the United States and China.

The movement occurs when some investors in the United States have been concerned that the United States-Chinese trade war could climb a capital war.

“ This subscription of Multitricialionary United States investors of our main adversary during these many years will be gradually ended, just as our intention to continue tolerating the largely unfair commercial practices of China, ” said Roger Robinson, former President of the United States Economic Review and Security Review Commission, who now manages his own consulting.

Atkins, who was sworn as president of the Sec last month, has not yet announced movements of China -focused policies. Its predecessor, Gary Gensler, increased the scrutiny of values ​​associated with Beijing.

Asked in his confirmation audience about ensuring that Chinese groups meet the standards of the United States, Atkins said: “Accounting and audit are really crucial for the protection of investors and capital markets.”

In addition to pressing actions to Chinese companies in the United States, the House China Group has increased North -American financial groups working or investing in Chinese companies who have alleged military bonds or who are facing accusations of human rights abuse.

The FT has requested comments from each of the companies.

The Chinese embassy in Washington said that Beijing opposed the United States “overcoming the concept of national security, using national appliances and long arm jurisdiction to demolish Chinese companies.”

“We oppose to turn commercial and technological problems into political weapons,” said Liu Pengyu, spokesman for the embassy.

He has approached the dry for comments.