The US Export-Import Bank is China’s cash cow

Published September 18, 2019 2:14pm ET



If you are wearing a tie, there’s a good chance it was made in China. The factory where that tie was made was probably subsidized by the Chinese government. But here’s what you probably never guessed: That subsidized Chinese factory may have been subsidized by you, the U.S. taxpayer.

And for that, thank the Export-Import Bank of the United States, a federal agency whose single biggest recipient is the communist-run government of China.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.