China fueling US fentanyl crisis by subsidizing key chemicals, enriching companies tied to drug trafficking: scathing House report

News Snapshot:

China has been directly causing the deadly fentanyl crisis ravaging communities across America by giving tax rebates to producers and exporters of key precursor chemicals and doling out grants to companies involved in drug trafficking, according to a shocking congressional report released Tuesday. The House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party noted in the 64-page document that many of the substances involved in production of the deadly opiate are illegal under Chinese law “and have no known legal use worldwide.” However, the report says, Beijing continues to provide subsidies “solely for...