Wall Street must stop enriching the Chinese Communist Party in Chinese markets, too

The Trump administration is reportedly preparing to block the importing of Chinese cotton and fabric and tomatoes and tomato paste on the grounds that their manufacture involves slave labor. That’s the good news.

The bad news is that U.S. financiers may still be investing unwitting Americans’ money in companies that exploit Uighur Muslims or others enslaved by the Chinese Communist Party. They are also underwriting and, thereby, enabling corporations that: support the CCP’s oppressive surveillance state; are sanctioned for engaging in proliferation; and/or that build weapons designed to kill Americans for the People’s Liberation Army’s military-industrial complex.

President Trump and his subordinates have, to their credit, warned against investing in such Chinese companies in our own capital markets. Now, however, Wall Street is helping the CCP sell Americans problematic stocks on exchanges in China.

That’s wrong and must be actively opposed, too.

This is Frank Gaffney.