November 25, 2020

THIS SEEMS LIKE A NO-BRAINER: Americans Shouldn’t Fund Communist China’s Armed Forces. “Most of these firms are listed on Chinese stock exchanges, but at least two have subsidiaries trading on U.S. markets. Either way, investors are able to buy their shares through a variety of means. The amounts involved are stratospheric: One U.S. index fund, the MSCI Emerging Markets Index, is tracked by at least $2 trillion. The index contains shares in many of the companies affected by the President’s executive order. Anyone who invests in the index or tracks it becomes a part-owner of those companies and helps fund their work with China’s military.”

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