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Universities, non-profits forced to divest from China or lose tax-exempt status under new GOP bill

FIRST ON FOX: House China Committee Chairman Mike Gallagher is rolling out a bill that would force non-profits, university endowments, public pension plans and other tax-exempt entities to divest from Chinese companies or lose their tax-exempt status. Gallagher will introduce his bill, called the “DITCH Act,” on Tuesday. A companion […]

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