US Senator Marco Rubio, a Republican from Florida, speaks to reporters on Capitol Hill in Washington on Tuesday. Photo: Stefani Reynolds/Bloomberg US Senator Marco Rubio, a Republican from Florida, speaks to reporters on Capitol Hill in Washington on Tuesday. Photo: Stefani Reynolds/Bloomberg
US Senator Marco Rubio, a Republican from Florida, speaks to reporters on Capitol Hill in Washington on Tuesday. Photo: Stefani Reynolds/Bloomberg

China could buy up strategic US assets devalued by coronavirus pandemic, senators warn Steven Mnuchin

  • Potential targets could include technology, aerospace and energy companies that have lost value
  • Lawmakers tell US Treasury secretary that China is ‘looking to exploit the economic crisis wrought by the pandemic to gain control of distressed companies’

Topic |   Coronavirus pandemic
US Senator Marco Rubio, a Republican from Florida, speaks to reporters on Capitol Hill in Washington on Tuesday. Photo: Stefani Reynolds/Bloomberg US Senator Marco Rubio, a Republican from Florida, speaks to reporters on Capitol Hill in Washington on Tuesday. Photo: Stefani Reynolds/Bloomberg
US Senator Marco Rubio, a Republican from Florida, speaks to reporters on Capitol Hill in Washington on Tuesday. Photo: Stefani Reynolds/Bloomberg
READ FULL ARTICLE