Commentary Bryan Jung wrote recently in these pages about a Consumers’ Research warning that investment fund BlackRock’s investments in CCP China could have a deleterious effect on investors’ portfolios.   William Hild, the executive director of Consumers’ Research, had also sent a letter  to 10 of the nation’s governors warning that their public employee pension funds placed with BlackRock were at greater risk: “…Chinese firms are not held to the same transparency standards as their western counterparts, so foreign investors are often hard-pressed to appreciate the true risk profile of what they’re investing in…You could lose your shirt when a Chinese  company’s performance falls and have no legal recourse.” The Wall Street Journal recently reported that ratings agency Fitch has advised that  Evergrande and Kaisa, two major developers in CCP China, defaulted on their overseas corporate dollar bonds (OCDBs).  (I warned readers in another venue about the increasing risk of OCDBs as early …