For media inquiries, contact Melissa Tallman, CPA Marketing and Communications Director 202-688-5145 ext 3, melissa@prosperousamerica.org.
CPA Press
Op-ed | Biden blueprint overlooks real world trade problems
July 14, 2020
Editor's Note: Michael Stumo is CEO of the Coalition for a Prosperous America (CPA). Follow him on Twitter @michael_stumo. It’s not a stretch to say that President Trump has been a fervent champion of economic nationalism or that he’s actively confronted China’s predatory trade practices. As president, Trump has imposed 25...
Op-ed | US, UK Should Partner on 5G as Huawei Concerns Build
July 08, 2020
Editor's Note: Jeff Ferry is chief economist at the Coalition for a Prosperous America (CPA). Follow him @Menloferry Currently, there are only two non-Chinese wireless network vendors, Nokia and Ericsson.
CPA Encourages Members to Pursue New Federal Loan Program for Domestic Manufacturers
July 08, 2020
In response to the ongoing impact of the COVID-19 pandemic, the Defense Department (DOD) and the U.S. International Development Finance Corporation (DFC) have launched a program to provide federal loans for domestic U.S. industry. The initiative will make available $100 million from COVID-19 relief funds to help reshore critical domestic...
Press Release | US Adds 4.8 Million Jobs as Economy Regains Some Pre-COVID Employment
July 02, 2020
Washington. The US added 4.8 million non-farm jobs in June as the economy bounced back from the depths of the COVID crisis. Combined with the 2.7 million jobs added in May, the economy has now added back 7.5 million jobs in two months. However, total June employment of 142.2 million...
Op-ed | Fraud From The Great Wall Hits Wall Street
July 01, 2020
Editor's Note: Michael Stumo is CEO of the Coalition for a Prosperous America (CPA). Follow him at @michael_stumo U.S. investors recently learned a hard lesson about Luckin Coffee, a strong rival to Starbucks in China. The company admitted that much of its 2019 sales had been fabricated. Luckin’s stock, which is...
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News from Around the Web
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Exclusive: Trump administration to soon end audit deal underpinning Chinese listings in U.S. - official
July 14, 2020Editors Note: CPA has long been pushing to deregister Chinese companies from US stock market because they will not share their financial records with the public or regulators. WASHINGTON (Reuters) - The Trump administration plans to soon scrap a 2...
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China loans hits record US$1.73 trillion in first half of 2020 after strong June as coronavirus recovery continues
July 13, 2020Editors note: China’s continuous subsidy machine, in the form of loans that don’t need to be paid back, is accelerating. This is how they can sell at prices that don’t make sense. Banks extended a record 12.09 trillion yuan (US$1.73 trillion) of...
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US government contractors told to prove they have no Huawei ties
July 13, 2020Editors Note: This is a great development. Rule requires companies to show they do not use certain Chinese groups’ products
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The West Must Decouple From Communist China | Opinion
July 13, 2020Editors note: Message from China’s ambassador to the UK, “ [I]f you want to make China a hostile country, you will have to bear the consequences." At last, the Western world is waking up to an obvious truth: The Chinese Communist Party is a deeply...
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US has real chance to bring manufacturing home from China
July 13, 2020Editor's Note: A Londoner view on the Great Decoupling from China. New cost calculus and COVID-19 offer opening if investment in competitiveness