In Depth: Congressional Report Analyzes Investment In China

Posted on 04/23/2024


In findings U.S. Congressional investigators called “shocking,” it was discovered that major financial institutions provided US$ 6.5 billion to 63 Chinese (People’s Republic of China or PRC) companies that the U.S. government has blacklisted or otherwise red-flagged. This could be due to allegations of human rights abuses or because they have a military connection or…

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