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BlackRock, MSCI under investigation for China-linked investments

Image of a stock trading screen
Photo: Kevin Lee/Getty Images

Two businesses investigated over concerns they facilitated US investment in Chinese military and companies accused of violating human rights.

A committee of the US House of Representatives has accused BlackRock and MSCI of profiting from investments that help the Chinese military and undermine American security.

In letters to BlackRock’s CEO, Larry Fink, and MSCI’s CEO, Henry Fernández, the top Republican and Democrat on the panel said the groups’ decisions