In windfall for Xinjiang, huge US mutual funds invest millions in its companies

Source: China – South China Morning PostEarlier this month, after US President Joe Biden expanded a Trump-era ban on investments in companies linked to China’s state security apparatus, the White House declared that it would “not hesitate” to block US capital from flowing to certain parts of China’s economy if they threaten human rights and US national security.The 59 blacklisted corporations include Chinese oil companies, aerospace firms and telecommunications giants, part of a broader crackdown in Washington that increasingly sees…Read More

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