House Representatives say EB-5 is “laudable” but want investigation of Chinese “abuse”

Republican Representatives Jim Jordan (Ohio) and Guy Reschenthaler (Pennsylvania) have requested that the Government Accountability Office investigates the Chinese Communist Party’s EB-5 activity. While the two say EB-5’s goals of capital investment and job creation is “laudable,” they claim “it has become clear in resent years that the CCP may be abusing the program.” No specific evidence of abuse was given.

Read the Bloomberg article


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