Bill to Curb US Investment in China to be Reintroduced, House China Panel Leader Says

WASHINGTON—The leading congressman of a House panel on China says he will bring back a bill to control U.S. investment in China, adding that he has faith most Americans will “do the right thing” upon realizing the stakes at hand. Provisions restricting China-bound investment were scrapped at the last minute from the government spending bill package, which Congress passed in December to fund federal operations. Shortly after that, Rep. John Moolenaar (R-Wis.) introduced another bill, the Comprehensive Outbound Investment National Security Act, in a bid to restrict U.S. dollars from funding critical Chinese military and technological development or human rights abuses....