China's Role in Illicit Fentanyl Trafficking
China is accused of continuing to subsidize the manufacturing and export of illicit fentanyl despite promises to crack down on the industry. This has led to devastating overdose deaths in the U.S.
Key Points
- China accused of providing subsidies for fentanyl precursor chemicals
- Evidence suggests China's bureaucratic system aids in the production and export of fentanyl-related substances
- Use of cryptocurrencies to conceal transactions in the illicit fentanyl trade
Pros
- Investigative efforts shedding light on China's alleged support for illicit fentanyl production
- Bipartisan cooperation in addressing the issue
Cons
- Continued subsidization of fentanyl manufacturing by the Chinese government
- Lack of enforcement of international and domestic laws banning fentanyl production