White House asks U.S. agencies to detail all China-related funding
Story Date: 9/10/2020

 

Source: AGPROFESSIONAL, 9/4/20

The White House has asked U.S. government agencies for extensive details of any funding that seeks to counter China's global influence and business practices, or supports Beijing, amid growing tensions between Washington and Beijing. According to an Aug. 27 White House Office of Management and Budget (OMB) document seen by Reuters, the OMB directed U.S. agencies to submit "cross-cutting data on federal funding that aids or supports China, or that directly or indirectly counters China's unfair competition and malign activities and influence globally."

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