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Learn more at: /9bB0nRme6f- Consumers' Research October 27, 2021īlackRock’s portfolio amounts to more than $9.5 trillion.įormer executives at BlackRock hold influential positions in the Biden administration, and were part of the Obama administration before that. is taking your money and betting on China.
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CEO Larry Fink loves to tell Americans how to live, but he negotiated against America, sucking up to China.” “BlackRock is propping up Chinese Communist Leaders,” the advertisement says, adding: “Even left-wing billionaire George Soros knows BlackRock is harming US national security. In late October, Consumers’ Research launched a digital and TV ad campaign that is heavily critical of BlackRock’s ties to China. “They are virtue-signaling while having a relationship with a ruthless regime, and we believe one is being used to cover for the other,” Hild said of the politically connected corporation. corporations with bean counting on board membership and diversity quotas while they are pouring billions into China,” William Hild, executive director of the nonprofit Consumers’ Research, said of BlackRock in an interview with The Daily Signal. dollars to China.Ī consumer advocacy group asserts that New York-based BlackRock’s push for investing in “ environmental, social, and governance” issues, known as ESG, is intended to distract from the vast wealth that the corporation has injected into Communist China despite human rights abuses there.
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BlackRock Inc., the largest money management corporation not only in America but the world, has emerged as a big promoter of social and environmental investing and of sending billions of U.S.