Capitol Hill — U.S. lawmakers renewed calls Wednesday to pass bipartisan legislation that would restrict American investment in Chinese technology. “It should come as no surprise that China’s military and surveillance state are exploiting loopholes in U.S. policy to access billions of U.S. investment dollars and expertise. We know that U.S. investment has not democratized China and countries which are controlled by the CCP [Chinese Communist Party] have no power over the applications of their technology. The CCP can direct it to us for military or surveillance purposes,” House Foreign Affairs Committee Chairman Michael McCaul said at a hearing on the legislation Wednesday. The bill – which has support from both conservative organizations and the Biden administration – was not included in the National Defense Authorization Act or NDAA passed late last year. Republican Senator John Cornyn has sponsored companion legislation in the U.S. Senate that passed with more than ninety votes. …