US lawmakers say China using coercive business practices for economic advantage

Peter Humphrey tells the House Select Committee on the Chinese Communist Party about being jailed for to years while doing business in China, during the committee's hearing on July 13, 2023, in Washington.

U.S. lawmakers Thursday charged the Chinese Communist Party is using coercive economic practices to achieve worldwide dominance over the United States.

The accusations came at a hearing of the House Select Committee on Strategic Competition Between the United States and the Chinese Communist Party days after U.S. Treasury Secretary Janet Yellen met with Chinese officials in Beijing to discuss the nations' economic relationship.