May 30, 2024

Chinese companies spend big to fend off Trump

Chinese companies spend big to fend off Trump


President Donald Trump has done everything he can to squeeze Huawei over the past year, bringing criminal charges against the Chinese telecommunications company, moving to block it from buying American technology and trying to convince foreign governments to crack down on the company.

Now other Chinese companies are turning to K Street to keep the same thing from happening to them.

Eight other Chinese companies have spent at least $7.9 million hiring Washington lobbying and public relations firms since last spring, right before Trump cracked down on a different Chinese telecom company, ZTE, according to a POLITICO analysis of disclosure filings. That’s nearly eight times what the same companies spent in the same period a year earlier.


About Author


Leave a Reply

Your email address will not be published. Required fields are marked *