Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Looks like a Criminal Enterprise to me and it appears that Federal law governs. A quick review does not show any exemption for governmental (or quasi-governmental entities). See:
Organized Crime Module 2 Key Issues: Criminal Organizations & Enterprise Laws
or perhaps
Understanding Organized Crime and Criminal Enterprises in Modern Law – Dutyanchor
Hope links work otherwise see Google search on <criminal enterprise>