Ex-Kentucky AG warns 'scary' amount of money is on the line if US sanctions China
Published On Jan 13, 2025, 12:07 PM
Former Kentucky Attorney General Daniel Cameron highlighted a significant financial risk involving $157 trillion connected to U.S. companies doing business with China. He referenced a new database that tracks such investments and argues that many Fortune 100 companies are not transparent about their operations in China, putting shareholders at risk. Cameron stressed the need for increased disclosure and awareness among American investors, particularly amid rising tensions that could lead to potential sanctions on China.
Stock Forecasts
MCHI
Negative
Given the potential for heightened tensions between the United States and China that could lead to sanctions, companies deeply integrated with Chinese operations may face severe financial consequences. Investors should be wary of stocks within the Fortune 100 that have a significant presence in China.
MCHI
Negative
Investing in ETFs that track U.S.-China relations or companies significantly impacted by those relations may experience volatility. MCHI (iShares China Large-Cap ETF) might see downward pressure as sanctions could limit growth prospects for companies in the ETF.
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