U.S. House of Representatives "China Day" Foreign Committee Passes 8 Pro-Taiwan Anti-China Bills Financial Committee Passes 3 Pro-Taiwan Bills

On February 28, local time, the Foreign Affairs Committee of the U.S. House of Representatives passed eight bills supporting Taiwan’s resistance to China, including the Taiwan Assurance Implementation Act, which requires the State Department to regularly review the guidelines for exchanges with Taiwan to ensure Any change in U.S. policy toward Taiwan will help deepen bilateral relations.

According to comprehensive media reports, the Foreign Affairs Committee of the House of Representatives spent about 3 hours on the 28th deliberating 11 bills to support Taiwan's resistance to China, of which 8 were passed by oral vote.

Regarding the Taiwan part, the committee passed the "Taiwan Assurance Implementation Act" (Taiwan Assurance Implementation Act) proposed by the vice chairman of the Foreign Affairs Committee of the House of Representatives Ann Wagner last week. report to Congress.

Wagner said that the bill will amend the Taiwan Assurance Act, with the aim of strengthening Congressional oversight of US-Taiwan relations and ensuring that any changes in US policy toward Taiwan are aimed at deepening and strengthening bilateral relations.

In the Anti-China Act, the committee passed the "PRC is Not A Developing Country Act", the "Stop Forced Organ Harvesting Act" and the "Undersea Cable Control Act". Control Act), etc.

House of Representatives Foreign Affairs Committee Chairman Michael McCaul pointed out that China took advantage of its status as a developing country to borrow low-interest or even zero-interest loans from the World Bank, and then turned around and used the money to carry out the “Belt and Road” debt trap Diplomacy, the United States should stop this act.

The committee also passed a resolution requesting China to immediately release the American citizen who has been imprisoned for more than 10 years. Swidan (Mark Swidan).

In addition, the Financial Services Committee of the U.S. House of Representatives also passed three bills directly related to Taiwan, namely the Taiwan Conflict Deterrence Act and the Pressure Regulatory Organizations To End Chinese Threats to (Pressure Regulatory Organizations To End Chinese Threats to PROTECT) Taiwan Act) and the "Taiwan Non-Discrimination Act".

The "Taiwan Conflict Deterrence Act" was proposed by Committee Vice Chairman Hill (French Hill), directing the U.S. Treasury Department to publish a list of financial institutions that provide services to senior Chinese officials, and authorize the Treasury Department to prohibit institutions from providing services to these officials and their families.

The "Protect Taiwan Act" stated that if the security, social or economic system of the people of Taiwan is threatened by China's actions, the United States should exclude Chinese representatives from the Group of 20 (G20), the Bank for International Settlements (BIS), etc. to the greatest extent feasible. Beyond international financial mechanisms and organizations.

The "Taiwan Non-Discrimination Act" was proposed by Representative Young Kim. The bill calls on the U.S. government to support Taiwan's entry into the International Monetary Fund (IMF), participate in the organization's regular monitoring activities on Taiwan's economic and financial policies, and provide Taiwan people with IMF job opportunities, and allow Taiwan to receive IMF technical assistance and training.

In addition, the committee today also passed the "Chinese Currency Accountability Act", "China Exchange Rate Transparency Act", "China Financial Threat Mitigation Act" and other bills .

The bill passed above will be sent to the House of Representatives for discussion and voting