Quantcast

Pontiac Times

Saturday, September 21, 2024

Rep. Lisa McClain Calls for CFIUS Review of Chinese Company's Investment in Michigan

Webp ynl20rnpeblzaqdwuw7nu4pt63ov

Congresswoman Lisa C. McClain | Official U.S. House headshot

Congresswoman Lisa C. McClain | Official U.S. House headshot

WASHINGTON, D.C. - In a move to safeguard America's national security, Rep. Lisa McClain (R-MI) has called on the Committee on Foreign Investment in the United States (CFIUS) to closely examine Chinese Communist Party (CCP) affiliated company Guoxuan High-Tech's investments in Michigan through its subsidiary Gotion, Inc. McClain's concerns arise after Gotion, Inc. recently acquired 400 acres of land in Michigan for the construction of a lithium battery plant.

"Gotion is a CCP controlled company and they present a direct threat to my home State of Michigan and the entire country," said Rep. Lisa McClain. "I am demanding CFIUS takes a closer look at Gotion to ensure America's national security is not compromised by this battery plant."

Joining Rep. McClain in leading this call for action is Senator Marco Rubio (R-FL), Rep. John Moolenaar (R-MI), Rep. Bill Huizenga (R-MI), Rep. John James (R-MI), and Rep. Mike Bost (R-IL).

To access the full text of the letter sent to Treasury Secretary Janet Yellen, click here.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS