Program areas at Pssi Washington
China/capital markets transparency initiativepssi Washington Inc. Launched its china cmti in march, 2019, an issue area that had been the subject of intensive research by Pssi principals since 1998. This public policy education program reached "critical mass" internally when Pssi's executive director prepared a 105page report for the u.s. national security council entitled national security dimensions of china's corporate presence in the u.s. capital markets. Submitted in july 2018. Pssi was the world's first ngo to pursue such a financial intelligence initiative, focused on how u.s.sanctioned and other chinese corporate "bad actors" have been funding themselves and their predations to the tune of scores of billions of dollars annually via the u.s. debt and equity markets (including private equity funds). U.s. investor funding of the chinese communist party (ccp) and the people's liberation army (pla) has taken place over some 25 years and totaled in the trillions of dollars. Some number of roughly 5,000 publicly traded chinese corporate securities, traded in the u.s. capital markets are held by as many as 75100 million unwitting american retail investors.in the period since its launch, this issue has been catapulted to the presidential level and engaged several cabinet agencies with foreign policy and national security duties, including the departments of treasury, state, defense, commerce, odni ,nsc, the national economic council and the sec. Members of congress and several congressional committees on a bipartisan basis have also taken up this new issue area and passed several pieces of legislation. In one highprofile case study, Pssi Washington's executive director, roger robinson, was responsible for uncovering and analyzing the issue of u.s.sanctioned chinese companies and other corporate "bad actors" being added to the list of investments of the federal thrift savings plan. The release of this data created widespread opposition to this planned development and ultimately led to president trump's direct intervention. Moreover, Pssi Washington is also presently providing research findings to support a fox nation documentary series entitled underwriting the enemy, hosted by fox business anchor, maria bartiromo.
Economic and financial statecraft programsince its inception in 2007, Pssi Washington Inc. has monitored and analyzed the instruments of economic and financial power brought to bear by china and russia against numerous countries across the globe to advance their broader strategic aims. In the case of russia, this effort has centered on the use of energy leverage, arms deliveries, private security services and other areas of economic advantage, culminating in the invasion of ukraine.with respect to china, it has involved granular analyses of its massive belt and road initiative, "made in china 2025" strategy for technological dominance, the results of the zerocovid debacle, china's property and debt crises, the ccp's antagonism toward its domestic technology and other sectors of the economy, the crushing of hong kong freedoms, military intimidation of taiwan, belligerent behavior in the south china sea, and the tapping of the global capital markets for funding malevolent activities. Pssi's "risk assessments and analytics are well known globally and have been frequently utilized and cited by prominent media outlets, policymakers, fellow think tanks and academic institutions.a number of the institute's activities have involved original, cuttingedge research that has shown to have the potential to materially strengthen transatlantic security cooperation. For example, the european commission has proposed legislation to ensure products made with forced labor in china and elsewhere are banned from entering the european common market. Pssi has sought to illuminate dramatic gaps and omissions regarding this prospective legislative proposal with respect to china the world's largest offender to create a more robust, thorough, and just forced labor ban. Pssi Washington's executive director continues to engage in numerous private discussions with senior japanese, european and nato officials regarding actual and prospective economic and financial sanctions associated with russia's war of aggression on ukraine, particularly those effective measures that remain on the table for potential use. He has likewise appeared regularly on major u.s. broadcast television networks and participated in many public presentations, including congressional testimony.
Space security programpssi Washington has among the most developed and accomplished space security programs in the global ngo community. Indeed, its space security conference series, annually bringing together top space policy experts, academics, private sector executives, journalists, senior military officers, ngo representatives and other leading figures from the u.s., europe and japan, is arguably the best known and widely respected such conference series in the world. There have, to date, been seven large, two-day conferences convened in prague, Washington, dc, and tokyo.the latest one was held on june 1517, 2024, in prague, and was entitled space security economy and capabilities: from policies to action. Pssi Washington Inc. has also been contracted by the defense intelligence agency to provide a comprehensive study of, among other topics, the "international space partnerships" concluded between some 50 countries and the two authoritarian space powers, china and russia.over the course of 2023, Pssi continued to pioneer what might be termed "the groundbased space race," namely, the efforts by china and russia to forge unequal space partnerships with countries vulnerable to developing inordinate dependencies on these authoritarian space powers and permitting their respective space sectors to be, in effect, "captured" by these predatory nations. This work was the first of its kind and defined and established the critically important economic and financial dimensions of space security, the key technologies being transferred in this malign context, and the deployment of private sector companies as tools of the stateled space strategies of these authoritarian regimes.