US-China tensionsVanguard invests in Chinese military-linked companies: report
Index providers, Western managers face growing pressure over Chinese investments
The report by the Coalition for a Prosperous America said a Vanguard fund has put money into companies sanctioned by the U.S. government over alleged human rights abuses. © AP
ECHO WONG and KENJI KAWASE, Nikkei staff writers
October 13, 2023 17:41 JST
HONG KONG -- Top index fund manager Vanguard has invested in scores of Chinese companies that have links to the nation's military or have been sanctioned by the U.S. government over alleged human rights abuses, according to research by a bipartisan U.S. group.