Most Americans, particularly U.S. servicemen and women, don’t want to invest in modernizing Communist China’s armed forces. Yet, that’s where millions of their investment and retirement dollars are headed —unless Congress is willing to step in and stop it. The degree to which American capital has contributed to the development of the People’s Liberation Army (PLA) is one of the most eye-opening findings of the House Select Committee on the Strategic Competition Between the U.S. and the Chinese Communist Party (CCP), which was formed last year on a bipartisan basis. In one particularly egregious example, the Committee discovered that the federal government’s Thrift Savings Plan (TSP),
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