Virginia Gov. Glenn Youngkin: China using ‘trojan horse’ to reap taxpayer benefits

Virginia Gov. Glenn Youngkin on Sunday touted a recent decision to withdraw his state from the running for a $3.5 billion Ford electric vehicle-battery plant because of its involvement with a Chinese-based company as GOP governors look to combat the foreign adversary.

The Republican described the plant, which would have been run by China-based Contemporary Amperex Technology, as a “Trojan horse structure to gain access to taxpayer incentives” from Democrats’ Inflation Reduction Act that gives rebates for electric vehicles.

“This is using taxpayer money to further enrich a Chinese company at the expense of America. It’s just not happening in America,” Mr. Youngkin said on Fox News Channel’s “Sunday Morning Futures.” “This should be an American supply chain that’s trusted, not one that’s outsourced to the Chinese Communist Party.”

Mr. Youngkin’s decision to pull Virginia from the running late last year came as other Republican governors, including South Dakota’s Kristi Noem and Florida’s Ron DeSantis, look to prevent Chinese companies from buying farmland and making other real estate investments.