All articles tagged with #china investments
Intel CEO Lip-Bu Tan responded to President Trump’s call for his resignation over concerns related to his China-linked investments, affirming his commitment to ethical standards and support from the Intel board amid political pressure and a drop in stock price.
Lip-Bu Tan, CEO of Intel, has a long history of investing in Chinese companies, including SMIC and Cadence, which has drawn scrutiny amid US-China tensions and calls for his resignation. Despite divesting some holdings, his past Chinese business dealings continue to attract political criticism, highlighting the complex relationship between US tech leaders and China.
US President Donald Trump called for Intel CEO Lip-Bu Tan to resign over his investments in Chinese tech firms linked to the military, raising concerns about conflicts of interest and US national security, amid broader US-China economic tensions and Trump's 'America First' policies.
BlackRock and MSCI are facing congressional probes for their role in facilitating investments in China. Lawmakers are concerned about the potential risks associated with these investments, including national security and human rights concerns. The investigations come as the U.S. government takes a tougher stance on China and its influence in global markets.