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Australian Wealth Fund Invests Taxpayer Money into Chinese Companies Linked to Human Rights Abuse

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11 November 2023
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  • Previous Article 100 US Rights Groups Plan Protest Against CCP, Xi During Visit With Biden
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Australian Wealth Fund Invests Taxpayer Money into Chinese Companies Linked to Human Rights AbuseAustralia’s sovereign wealth fund is using billions of taxpayer dollars to fund at least 50 high-risk Chinese companies that pose serious human rights and national security threats. Future Fund, whose aim is to “invest for the benefit of future generations of Australians,” was exposed to have stakes in 22 companies linked with the Chinese Communist Party (CCP) and 14 companies linked to the oppression of Uyghurs in Xinjiang. The $243 billion (US$164 billion) fund also invested in 14 companies that invested in countries that Australia has sanctioned, including Russia, Iran and North Korea. A further six companies were identified as raising ethical or governance-related concerns....

Read more https://www.theepochtimes.com/world/australian-wealth-fund-invests-taxpayer-money-into-chinese-companies-linked-to-human-rights-abuse-5526895

  • Previous Article 100 US Rights Groups Plan Protest Against CCP, Xi During Visit With Biden
  • Next Article Taiwan’s Vice President: ‘If I Become President, the Possibility of War With China Will Be Lowest’

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