China’s Covert Influence: Billions in Loans to US Firms Unveiled

China’s banking strategy is increasingly coming to light as an AidData report uncovers that Chinese state banks have injected $200 billion into U.S. businesses for over 25 years. The loans, often concealed via shell companies in tax havens like the Cayman Islands and Bermuda, were aimed at Chinese companies investing in critical U.S. industries, including robotics, semiconductor, and biotech firms. This revelation sheds light on the sophistication and scale of China’s global financial reach. The implications for U.S. national security and technology autonomy remain uncertain. The lending network identified by the report extends far beyond developing countries to include major…