A few years ago, American satellites were launched into space using China made rockets. “The insurance companies wanted better rocket technology for safety…so we gave that technology to them,” Sherman said. “Now they have better rockets. I commend HR 6349, but there is more to be done. I’m working on legislation so that every U.S. company has to disclose its China risk and tell their investors what they are doing to cover that risk in case of a problem,” he said.
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