Property News · December 6, 2020

70 per cent of Chinese companies with military ties included in major global securities indices, State Department says


At least 70 per cent of Chinese companies previously identified by the United States government as having ties to the Chinese military have affiliates whose securities are included on major stock indices, with money from US investors supporting these companies involved in both civilian and military production, the State Department said on Sunday.As of June, 22 of 31 firms with Chinese military ties had at least 68 distinct affiliated companies whose shares were included on major benchmarks, the…

Source : South China Morning Post
Read more…70 per cent of Chinese companies with military ties included in major global securities indices, State Department says

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