Congress Considering Five New Bills Targeting China Stocks & Bonds
These 5 bills have the potential of dealing a debilitating blow to Wall Street’s underwriting of CCP-controlled companies.
These 5 bills have the potential of dealing a debilitating blow to Wall Street’s underwriting of CCP-controlled companies.
The legislative package will end tax breaks for Chinese stocks, restrict sanctioned Chinese companies’ access to U.S. capital markets, increase transparency on risks to American corporations, and reduce exposure to these risks for retail investors and other Americans saving for retirement.
The RSC bill sends a strong message to lawmakers like Financial Services Committee Chairman Patrick McHenry, who has consistently done the bidding of Wall Street and the CPP.
Chairman Gallagher and Ranking Member Krishnamoorthi’s bipartisan investigation is an alarming documentation of how American venture capital firms are investing billions into malign CCP companies.
An alarming new report released by the Prague Security Studies Institute (PSSI) has identified 40 Chinese publicly traded companies in the U.S. capital markets which have strategic links to Iran.
This past May in, testimony before the House Select Committee on the Chinese Communist Party (CCP), CPA’s Roger Robinson, Jr. delivered a comprehensive examination of how U.S. investor capital is being used to fund China’s malign activities that directly threaten U.S. economic and national security.
It’s time for Congress to force the issue — and condition access to America’s financial markets on ending corporate complicity in China’s egregious human rights abuses.
Capital flow management is coming back into vogue among economists, government officials in other countries and in international institutions. As international capital flows continue to grow to tens or even hundreds of trillions of dollars per year, washing around unpredictably between countries and financial institutions, officials are increasingly looking at ways to put some sort…
Chinese “Uber for trucking” company, Full Truck Alliance (FTA), raised $1.6 billion in an initial public offering in the United States with help from Wall Street banks. While the initial haul is impressive, it is a mere fraction of the $20 billion FTA hopes to raise in the near future. To gain some appreciation for…
Big mutual funds run by Vanguard and ETFs run by State Street and BlackRock will have to divest from some China stocks within a year.