Stop the Chinese Communist Party’s ominous Ant Group “fundraiser”

The Chinese Communist Party is doing a fundraiser. It’s getting Wall Street’s help to tap American investors for many billions of dollars to underwrite a PRC conglomerate called Ant Group. If they do massively underwrite Ant’s upcoming Initial Public Offering in Hong Kong, Beijing believes its crackdown on that territory will be validated.

Fortunately, a new risk profile by RWR Advisory Group reveals seven compelling reasons not to invest in Ant, including the company’s reported involvement in human rights abuses, diversion of users’ private data and ties to the Chinese military.

President Trump is running this fall on a platform that showcases his serious differences with Vice President Biden about China. Opposing U.S. investments in malevolent CCP companies and standing with the people of Hong Kong – not validating their oppressors – should be a basis for strong bipartisan agreement.

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This is Frank Gaffney.

About Frank Gaffney, Jr.

Frank Gaffney is the Founder and Executive Chairman of the Center for Security Policy in Washington, D.C. Under Mr. Gaffney's leadership, the Center has been nationally and internationally recognized as a resource for timely, informed and penetrating analyses of foreign and defense policy matters. Mr. Gaffney formerly acted as the Assistant Secretary of Defense for International Security Policy during the Reagan Administration, following four years of service as the Deputy Assistant Secretary of Defense for Nuclear Forces and Arms Control Policy. Previously, he was a professional staff member on the Senate Armed Services Committee under the chairmanship of the late Senator John Tower, and a national security legislative aide to the late Senator Henry M. Jackson.