Industry committee  It would be reasonable to take in some of those third party investors, like B.C.'s Intech, or private equity, maybe more established firms, because that is clearly something that we've seen Chinese firms do, work through some of those third party beneficiaries to disguise asset t

Industry committee  Yes, and I think we've seen some of the changing practices by companies like this in how China is changing, through their investments and other practices, the overall conversation.

Industry committee  I think most of the European countries that I have dealt with, with regard to Chinese investment, are probably at a very similar point. Most of them are reviewing their investment practices. This is debated in Europe. In the United States where we see that there have been a coup

Industry committee  I think there are two specific issues. The United States was addressing these very same issues roughly, I think, one or two years ago, 18 months maybe. They basically found themselves at a very similar point where they had discovered a significant number of transactions either in

Industry committee  Absolutely, I'd be more than happy to get you a list of people who would be able to speak to that and who have experience with countries like Canada and some of the unique characteristics. I think I can refer you to some people. I'd be more than happy to exchange emails or someth

Industry committee  The question, as I understand it, is which witnesses I could refer you to who would not be tainted by those glasses, specifically—

Industry committee  They absolutely have a lengthy list, not just of companies but also of specific intellectual property that they're interested in, and they use a variety of methods. For example, even though we're using Zoom, China has.... Basically, the underlying technology in Zoom is used widel

Industry committee  Thank you for that piece of information. It does not really, and let me explain why. In China, a state-owned enterprise is a very specific incorporation classification. It's like LLC, partnerships, or things like that. SOE is a very specific form of incorporation.

Industry committee  Yes, and here's what I'm leading up to. There are many companies that do not qualify as state-owned enterprises that are also, first of all, either acting at the behest—

Industry committee  Yes, I learned that today. I would just—

Industry committee  Thank you very much for that question, Mr. Dreeshen. I think that is an accurate statement I tweeted. Let me start by explaining a little about how the Chinese economy works and their strategic investment objectives, which play into this. Every year, they are given a list of

Industry committee  Yes, that is correct.

Industry committee  I think there is a lot of truth to that. For instance, in key sectors what you will frequently see is that the CEO of, for instance, the first China telecom will become the CEO of China Unicom, who will become the CEO of the next Chinese telecom company. They are really all one c

Industry committee  If we're focusing on investment in Canada, the basic question is what we think of as national security. This is a question that countries around the world, especially in light of COVID, are re-examining right now. Even six months ago, if somebody had said that basic medical equip

Industry committee  I think it's very fair to say that a lot of these investments are made much more for influential purposes or for Chinese state strategic purposes. For instance, there is a U.K. semiconductor company that was sold to a Chinese conglomerate, and part of the agreement was that it wo