And there’s more:
BlackRock Gets China’s Approval to Start Fully-Owned Mutual Fund Business
Excerpt:
BlackRock Inc. has obtained regulatory approval in China to become one of the first foreign-investment firms to start its wholly-owned mutual fund business in the country, the latest development in its ambitious plan to expand in China’s booming financial industry.
The China Securities Regulatory Commission granted approval for BlackRock Fund Management Co., Ltd. to begin operations as a fund management company, the company said Friday. The approval came after BlackRock was given the green light to set up the company in August 2020.
The latest go-ahead from authorities will allow BlackRock to offer onshore investment products to a massive pool of individual Chinese investors, after being long barred from accessing the vast market independently.
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So to Blackrock they’ve conquered the US with Joe and the Ho in DC, now they are aiming for China. Which shows regardless of type of government it is all about the money.
Who is the largest shareholder in Blackrock, why Vanguard of course, another behemoth investment banking firm.
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Damning Photos of Banquet Inside Kamala’s House Ignite Firestorm Online
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Kamala Harris hosts banquet in her home. The only people of color are waiters, cooks and servants.