BlackRock, MSCI Probed by US Lawmakers Over China Investment

📆 8/1/2023 7:43 PM
📰 BloombergCA

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The House Select Committee on the Chinese Communist Party demanded information by mid-August from BlackRock about the inclusion of Chinese companies in its mutual and other funds

for allegedly helping to facilitate American investment into Chinese companies that the government has blacklisted for human rights abuses and aiding the military.

demanded information by mid-August from BlackRock about the inclusion of Chinese companies in its mutual and other funds, according to a letter the panel sent on July 31 to BlackRock Chief Executive Officer

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