![]() ![]() In the aftermath of the American departure, how Beijing handles relations with Kabul-whether it can forge economic ties with the Taliban, how much political and diplomatic sway it seeks, and, most crucial, if it can use its leverage to influence the new regime-could offer a window into how it might wield its newfound power in other global-security crises, especially in the absence of a strong American presence. F or those of us wondering what kind of superpower China might be, we’ll soon get some clues in, of all places, Afghanistan. Raskin says Trump’s Georgia case ‘custom-made’ for racketeering. ![]() GOP talk of military action in Mexico sparks dire warnings Trump attorney blows off weight of criminal charges: ‘We’re not concerned’ Georgia indictment of Trump is the same flawed product in a different package Tommy Tuberville says he recognizes ‘look’ on Trump’s face in mug shotįlorida lawyer files challenge to disqualify Trump from 2024 race, citing 14th. Here’s how to watch Trump’s Tucker Carlson interview ![]() Haley performance leaves some in GOP seeing path to winning women Īrizona readies for Kari Lake and a contentious Senate race įormer Atlanta mayor describes scene outside jail ahead of Trump. Ĭhristie says Meadows has ‘argument to make’ in moving Georgia case to. ĭana Bash spars with Ramaswamy over race remarksĢ024 Republicans want to eliminate the Education Department. Ĭohen on Georgia bookings: If any co-defendants turn on Trump, it’s. īiden denounces Jacksonville shooting: ‘White supremacy has no place in. Ramaswamy breaks with GOP candidates, says Pence missed ‘historic. House Republicans barrel toward Biden impeachment inquiry - but some hesitate Indeed, many investment firms appear to dismiss the perils of investing in an authoritarian regime, as exemplified by a May 15 note from UBS Global Wealth Management downplaying the import declines and social financing data as “not as bad as they appear.” If BlackRock and others applied the ESG standards with integrity, all Chinese companies would be excluded for three reasons - E, S and G. A recent Wharton case study highlighted that BlackRock’s CEO, Larry Fink, funnels more investment capital into China than any other individual worldwide. While leading asset managers like BlackRock pay lip service to responsible investing, a stark inconsistency emerges when applying environmental, social and governance (ESG) standards to China - a nation notorious for pollution, genocide and financial fraud. sources (accounting for 60 percent of global dollar liquidity), the Chinese government risks a total economic meltdown. Without the influx of foreign investment, primarily from U.S. The CCP heavily depends on foreign investors to uphold its reign, particularly as a looming financial crisis threatens, driven by a crumbling real estate market, a mammoth debt burden, low consumer spending and the stringent “zero-Covid” policy. Today, around 5,000 Chinese companies (contributing trillions to Beijing’s coffers over the past decade) are traded on U.S. has inadvertently facilitated thousands of CCP-controlled Chinese companies to infiltrate the investment portfolios of average Americans. Roger Robinson, the global tech security commissioner for Capital Markets, testified before the House Select Committee on the Chinese Communist Party, confirming that the U.S. Since the economic liberalization of 1978, the CCP has systematically targeted Western capital markets. They realize this is not a drill.Ĭhina’s infiltration of global capital markets is anything but incidental. It’s therefore unsurprising that seasoned board members worldwide are compelling CEOs to formulate a China risk mitigation plan. The fallout, especially on retirement security and the high-tech sector (considering Taiwan’s supremacy in semiconductor manufacturing), would be dramatically amplified. The recent aftershocks from Russia’s invasion of Ukraine, prompting more than 1,000 corporations to surrender billions of dollars, underscore the potential havoc a Chinese invasion of Taiwan could wreak. Through 401(k) retirement accounts and diverse investment vehicles, approximately 100 million Americans are unknowingly bolstering a predatory economic adversary and facilitating a military with global supremacy ambitions. In an alarming twist, the Chinese government has weaponized our own capitalist system against us.
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