You certainly don't want do anything that has an unintended consequence," Raimondo said. pension funds invested in China and people's retirement money. investments support and advance technologies that enhance military or intelligence capabilities in countries of concern that could undermine our national security and put Americans at risk," his testimony said.Ĭommerce Secretary Gina Raimondo said in March the Biden administration was considering a pilot program to address risks about investment in China.
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