BlackRock in China: Nuclear buildup underwritten in part by leading Wall Street firm, report says

BlackRock, a major Wall Street firm, is investing millions of dollars in an estimated 30 Chinese military-linked companies currently sanctioned by the U.S. government, according to a think tank report prepared for Congress. Additionally, BlackRock, which manages retirement assets for millions of Americans, has invested in companies working on China’s large-scale nuclear weapons buildup, stated the report by the Coalition for A Prosperous America. The report also said that despite adopting a corporate policy supporting responsible “environmental, social and governance” (ESG) policies, BlackRock has invested nearly $50 million in Chinese...