The US House of Representatives China committee plans to hold a Taiwan war game with financial and business executives in New York on Monday, in an effort to raise awareness about the risks attached to Americans investing in China.
Mike Gallagher, the Republican head of the panel, and Raja Krishnamoorthi, its top Democrat, will lead the delegation, according to a person close to the committee.
The war-game participants include representatives from investment banks, in addition to current and former executives from pharmaceutical companies and retired four-star US military officers. The committee declined to name the financial executives who will participate.
The bipartisan delegation will also meet other financial executives in New York, as the committee steps up its scrutiny of how American investment in China could undermine US national security. On Tuesday they have scheduled a hearing that will include testimony from former chair of the Securities and Exchange Commission Jay Clayton and Jim Chanos, the hedge fund short seller.
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US House panel plans Taiwan war game with Wall Street executives https://t.co/6majRMqQAH
— Financial Times (@FT) September 8, 2023