Harvard divests Chinese firm terror funding
Apr 07, 2005
Precedent setting decision seen as positive step to limit funding of genocide and terrorism
The Center for Security Policy welcomes Harvard University’s decision earlier this week to divest an estimated $4.4 million portfolio investment in PetroChina (a subsidiary of state-owned China National Petroleum Company) for its business activities in Sudan. The extensive energy operations in Sudan of PetroChina’s parent company make it one of the largest of the Khartoum regime’s estimated 93 multinational business partners.
Senior Analyst and Director of State Outreach
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