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IPFS News Link • National Security
BlackRock suspected of links to Chinese communist regime
• The BLConsumers' Research has accused the investment giant of placing private equity in different projects that benefit Chinese Communist Party (CCP) interests. A new campaign launched on social media warns these business activities could risk U.S. national security.
"BlackRock [is] the biggest American money manager, [and] investing U.S. investor's money in China," the non-profit said in a video shared on YouTube. "[In China the company is] pouring in billions, propping up Chinese communist leaders [and] putting money into surveillance companies used by the Chinese military."
Consumers' Research claims the investment company repeatedly undermined national safety against terrorism, war, espionage and other security threats.