Statement from AFL-CIO President Liz Shuler on the 2021 Annual Report to Congress of the U.S.-China Economic and Security Review Commission:
Today’s China Commission report offers another clear look at the challenges posed by China’s predatory trade practices, security threats, and abuses of human rights and international norms. Working people know firsthand the impact of these policies, and the commission’s analysis and recommendations deserve attention by all policymakers.
The bipartisan, balanced report draws attention to Wall Street’s ongoing efforts to fuel China’s quest for capital to support its policies and the blind pursuit of profits at our expense. Even after our government identified problematic companies that create challenges to our foreign policy and national security interests, Wall Street firms continued to invest in those companies. While it may be legal, it simply is not right. The commission offers recommendations to limit investments in those firms and to protect the retirement security of America’s hardworking families. Policymakers should act quickly on those matters.
Additionally, the AFL-CIO has consistently fought to stop the use of forced labor around the globe. Our efforts have had some success in spurring the government to limit imports of products produced by forced labor in China’s Xinjiang region. Much more needs to be done, especially in ending forced labor in the global solar supply chain. The commission’s recommendation that Congress require the Department of Homeland Security to impose a region-wide Withhold Release Order on products originating from Xinjiang should get immediate action.
China’s policies and practices do not meet international norms, and we must act to change them. These problems impact workers across this country every day, and we need a comprehensive approach immediately. The commission’s analysis and recommendations are an important part of reforming China’s dubious practices.
Contact: Carolyn Bobb (202) 637-5018