Pssi Washington

China/capital markets transparency initiativepssi Washington launched its china cmti on march 5, 2019. This public policy education program was underpinned by years of intensive research as well as the learning curve associated with assisting the preparation of a 105-page 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 an initiative, focused on how u.s.sanctioned and other chinese corporate "bad actors" have been funding themselves to the tune of many billions of dollars annually in the u.s. debt and equity markets. This more than 20year source of funding for the chinese communist party ultimately has involved trillions of dollars of the investment capital of scores of millions of 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 as well as the nsc, the national economic council and the sec. Members of congress and several congressional committees have also taken up this new issue area and passed several pieces of legislation. In one highprofile case, Pssi Washington's executive director, roger robinson, was singlehandedly responsible for discovering and leading successfully the opposition to chinese corporate "bad actors" being added to the list of investments of the federal thrift savings plan. President trump directly intervened to terminate this planned development. There have been numerous other historic accomplishments that have been covered by the mainstream media.

Economic and financial threat programsince its inception in early 2002, Pssi 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, zerocovid debacle, war against its domestic technology and other sectors, crushing of hong kong freedoms, intimidation of taiwan, tapping of the global capital markets for funding and other malevolent activities in the economic and financial domain. Pssi "risk assessments and analytics are well known globally and have been frequently utilized and cited by prominent media outlets, policy makers, 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. A good illustration of our work is the institute's commentary, entitled "response of the prague security studies institute to the european commission's call for feedback on 'effectively banning products produced, extracted or harvested with forced labor' ". As the european commission has recently proposed legislation to ensure products made with forced labor 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.first, Pssi has urged the commission to expand the scope of the proposed ban to include not only forced labor products, but also the "bad actor" companies responsible for these human rights abuses. Second, Pssi noted with alarm the lack of any mention of capital markets prohibitions in the proposal and is stressing the importance of shutting down capital markets access for offending companies that could otherwise likely be tapped to fund such heinous labor practices a tragic reality which Pssi can empirically prove is underway today involving dozens of chinese companies with a presence in european capital markets.pssi Washington's ceo continued to engage in numerous private discussions with senior 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 likewise appeared on major us broadcast television network, fox business, addressing economic and financial issues related to china, and delivered several lectures, including at hillsdale college on november 7, 2022.

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, bringing together top 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 been six large, twoday conferences convened to date in prague, Washington, dc, and tokyo. The latest one was convened on june 19-21, 2022, in prague, and was entitled "the global space competition: security, markets and sanctions". It has built on the previous event in 2019 that focused on the issue of strengthening international space partnerships. The speakers sought to address how the imposition of sanctions on space companies affects risk calculus associated with spacerelated cooperation or partnering arrangements, as well as global governance.over the course of 2022, 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 states. 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.