Washington gets a reality check on China from House Panel

Through the back door of a New York City building, some of the most potent American business leaders were smuggled in for a tabletop exercise simulating a Chinese invasion of Taiwan.

The secrecy made it look like they were “in a witness protection program because they were so concerned about retaliation from the CCP [Chinese Communist Party],” said Rep. Mike Gallagher (R-Wis.), who hosted the exercise in September 2023.

“If this retaliation is how the CCP will treat business partners in peacetime, think about how it would act in war—and the ramifications to our economy, especially our critical supply chains, including pharmaceuticals and semiconductors, in a Taiwan invasion scenario,” Mr. Gallagher told The Epoch Times.

The idea of the tabletop simulation stemmed from his exchanges with financial executives.

One told him there is “zero” chance that the CCP will invade Taiwan. Another said the United States will never sanction China, even if it invaded the self-governed island.

“It’s clear that, in many cases, Washington and Wall Street are living in two different worlds. One is the real world, the other a fantasy land,” said Mr. Gallagher.

The New York City simulation didn’t focus on military conflicts but on areas of economic warfare such as shipping routes, supply chains, and money transfers.

“We saw that if China were to invade Taiwan



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