BlackRock, the world’s largest asset manager, has invested in Chinese companies working on the communist nation’s nuclear weapons buildup, according to a report by the Coalition for A Prosperous America (CPA).
The major Wall Street firm, which reports managing $10 trillion in assets, is also investing millions in an estimated 30 companies with ties to the Chinese military that are currently sanctioned by the U.S. government.
The report notes that BlackRock has stated it does not do business with companies in China that are manufacturing nuclear weapons.
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