A committee at one of the world’s most prestigious institutions of learning, Yale University, has launched a probe of the investment of funds from the university’s $42.3 billion endowment in companies active in China that may be complicit in repression and human rights abuses there, the Yale Daily News reported on Jan. 26. According to a 2020 report from the university’s investment office, 6.5 percent of the school’s investment portfolio goes to emerging markets, and China falls within that category. It is not known exactly how much of this amount goes into Chinese companies. A New York Times report indicates that the university’s emerging markets portfolio in 2015 began to include investments in JD.Com and Tencent, which has itself been the target of recent regulatory crackdowns by the Chinese Communist Party (CCP). University President Peter Salovey told the student newspaper that divestment is warranted where a company is actively engaged …
Yale Launches Probe of China Investments Over Human Rights Concerns
January 28, 2022
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