Chinese Companies Raise Billions Through US IPOs Despite Controversies
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Chinese companies like Shein are exploiting US capital markets to raise billions through IPOs despite controversy over labor abuses, IP theft, etc.
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This highlights a rift between US policy rhetoric aimed at competing with China and Wall Street's willingness to profit from Chinese companies.
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Recent IPOs show US policy efforts to limit capital support for China are ineffective. Companies listing aid areas like military tech modernization.
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All Chinese companies operate at the behest of the CCP, undermining US interests and exposing investors to risk.
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Washington's rhetoric lacks teeth - voluntary disclosure isn't enough. US capital markets should not service Chinese companies that clash with national interests.