Consumers’ Research, a nonprofit organization, released an ad campaign titled “Betting on China” that targets investment management titan BlackRock over its investments in China.
The 30-second ad spot claims that the money manager is pouring billions into Beijing, “propping up Chinese communist leaders.” The ad says BlackRock has invested in surveillance companies used by the nation’s military. It also cited billionaire George Soros and his Wall Street Journal op-ed, titled “BlackRock’s China Blunder,” which calls the company’s China ventures a “bad investment” and “tragic mistake.”
