70 pc Chinese firms with military ties included in indices theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.
President Donald Trump has claimed that the brother of Georgia Secretary of State Brad Raffensperger is working for China - despite the fact that the Republican politician does not have a brother.
The president s claim came during a bizarre late night twitter rant in which he called the Secretary of State and Georgia s Governor Brian Kemp a complete disaster for not supporting the Trump administration s efforts to overturn the election result. I love the Great State of Georgia, but the people who run it, from the Governor, @BrianKempGA, to the Secretary of State, are a complete disaster and don t have a clue, or worse. Nobody can be this stupid. Just allow us to find the crime, and turn the state Republican. the president tweeted.
At least 70 per cent of Chinese companies, the US State Department said today.
Washington:
At least 70 per cent of Chinese companies, with ties to the Chinese military have affiliates whose securities are included in major stock indices, the US State Department said today, adding that these companies are involved in civilian and military production with money from the US investors.
As of June 22, out of 31 firms with Chinese military ties had at least 68 distinct affiliated companies whose shares were included on major benchmarks, South China Morning Post reported citing State Department. The Chinese Communist Party s threat to American national security extends into our financial markets and impacts American investors, the State Department said in a fact report early this month.
The Chinese Communist Party’s (CCP) threat to American national security extends into our financial markets and impacts American investors. Many major stock and bond indices developed by index providers like MSCI and FTSE include malign People’s Republic of China (PRC) companies that are listed on the
Department of Defense’s List of “Communist Chinese military companies” (CCMCs). The money flowing into these index funds – often passively, from U.S. retail investors – supports Chinese companies involved in both civilian and military production. Some of these companies produce technologies for the surveillance of civilians and repression of human rights, as is the case with Uyghurs and other Muslim minority groups in Xinjiang, China, as well as in other repressive regimes, such as Iran and Venezuela.