Rep. Mike Gallagher (R-WI) (C), chair of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, joins Rep. Elise Stefanik (R-NY) (L) and Majority Whip Steve Scalise (R-LA) for a news convention following a GOP caucus assembly on the Republican National Committee places of work on Capitol Hill on February 28, 2023 in Washington, DC.
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A gaggle of lawmakers will journey to California to fulfill with tech and media executives, together with Apple CEO Tim Cook and Disney CEO Bob Iger, to debate China-related subjects, CNBC has confirmed.
Nearly a dozen lawmakers representing each events on the House Select Committee on the Chinese Communist Party are set to make the three-day journey, led by Chair Mike Gallagher, R-Wis., a spokesperson for the committee instructed CNBC. Bloomberg and Axios beforehand reported particulars of the journey.
The journey highlights how the committee’s work may have an effect on the tech and media industries, which have an curiosity in each the massive shopper market and the workforce in China. Just final week, Cook, whose firm depends on Chinese labor for cellphone manufacturing, met with the nation’s minister of commerce about provide chain points.
Gallagher has beforehand stated he needs Iger and Big Tech executives to testify earlier than the panel.
The committee sees the journey as a chance each to be taught from trade leaders on the bottom and to share their issues and imaginative and prescient about business connections to China, in line with a supply near the committee who was not approved to talk on the file to debate the plans. The committee needs to press companies to diversify their provide chains sufficient in order that they don’t seem to be overly reliant on Beijing and to make sure pressured labor is not employed.
The journey will kick off Wednesday round Hollywood, the place lawmakers will meet with Iger after which have dinner with producers, screenwriters and former studio executives. The supply described the dinner attendees as a bunch that is labored at excessive ranges with the Chinese market that desires to share what they’ve seen in these roles.
On Thursday and Friday, the group will take conferences in Silicon Valley, together with a roundtable that may embrace Microsoft on uncommon earth minerals, conversations about synthetic intelligence and China’s technique round rising applied sciences. One lunch will characteristic executives from Google, Microsoft, Scale AI and Palantir to debate what the supply described as “defensive and offensive approaches to strategic competition.”
A dinner in Silicon Valley will characteristic officers from a few dozen enterprise capital corporations together with Andreesen Horowitz, Khosla Ventures and SV Angel, the supply stated.
Besides Cook and Iger, members of the group are anticipated to fulfill with Microsoft President Brad Smith and Kent Walker, Alphabet‘s president of worldwide affairs and chief authorized officer.
The full roster of choose committee members who will likely be in attendance isn’t but clear, however a House aide confirmed to CNBC that Rep. Ro Khanna, a Democrat who represents Silicon Valley, will likely be amongst them.
Companies named on this report both didn’t instantly reply or didn’t present a remark.
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Source: www.cnbc.com