Rick Scott

As China is Called Out Over Genocide, BlackRock Sees a Business Opportunity

Posted on by Paul Chesser
Larry Fink/IMAGE: YouTube

At a time when many nations in the West — including the United States — are condemning China for human rights abuses and genocide against the Muslim Uyghurs, investment firm BlackRock and CEO Larry Fink are doubling down on their business partnership with the communist government.

From Pensions & Investments:

Bing Ji was named general manager of BlackRock’s newly launched wealth management joint venture in Shanghai, BlackRock CCB Wealth Management, a spokeswoman confirmed Friday…

On Wednesday, BlackRock said that the joint venture it unveiled last August with a subsidiary of China Construction Bank and Singapore investment company Temasek had garnered regulatory approval to start operations…

BlackRock said it holds a majority 50.1% stake in BlackRock CCB Wealth Management. CCB Wealth Management Co., a wholly owned unit of China Construction Bank, has 40% and Temasek holds the remaining 9.9%.

The joint venture “will draw on BlackRock’s

… Read More ➡

Senator Scott, Rudy Gobert Go on Offense Against NBA China Hypocrisy

Posted on by Paul Chesser
Rick Scott/PHOTO: Gage Skidmore (Creative Commons)

Florida’s two Republican senators, Marco Rubio and Rick Scott, have been among the sharpest critics in the upper chamber of the human rights abuses, censorship, espionage, and other bad conduct by the Chinese. They have consistently called upon American companies to pull back on doing business in, or with, the communist country until the tyrannical government cleans up its behavior.

So the lawmakers can’t be happy about the latest development in Orlando, where the National Basketball Association this year has held its abbreviated season (in what they call the “bubble,” keeping all teams in one city to mitigate against the effects of COVID-19), and is now in the midst of its championship series between the Los Angeles Lakers and the Miami Heat. As I will explain in a moment, Chinese-style censorship has come to central Florida.

All summer the NBA drew attention because … Read More ➡

ESPN Exposes, Then Hides, Report on Abusive NBA Training Academies in China

Posted on by Paul Chesser
Adam Silver/IMAGE: CNN via YouTube

The “woke” NBA – whose players (with few exceptions) wouldn’t stand for the Star-Spangled Banner but do stand human rights abuses in China – had a bumpy reopening last week following this year’s shutdown due to COVID-19.

So did one of its top broadcast partners, ESPN.

As Breitbart (aggregating reports from Outkick.com and The Athletic) reported on Sunday, NBA/ESPN saw its television ratings drop on Friday night following the numbers the league saw on the night of its return from dormancy on Thursday. The sports-starved American public apparently doesn’t have an appetite for millionaire athletes complaining about “systemic racism” while they kneel for the National Anthem and at the same time refuse to decry human rights abuses by the communist Chinese.

Meanwhile ESPN reported about the NBA’s involvement with a training academy in the Chinese province of Xinjiang, where millions of Uigher Muslims … Read More ➡

Apple CEO Tim Cook Caves to Communist China, Again

Posted on by Paul Chesser

Apple Inc. and CEO Tim Cook have gone big in efforts to capture consumers and profits in the People’s Republic of China, so the current outrage from the rest of the world over its obedience to the communist government – as it cracks down on dissent – appears to be a minor irritant not worth addressing.

Following the NBA’s cowardice last week – as the normally media-savvy league known for outspokenness against injustice by its executives, coaches and players suddenly turned mute after a pro-Hong Kong tweet outraged the ChiComs – Apple acceded to China’s censorship wishes as well.

This time Cook removed a crowd-sourcing app called HKmap.live from its App Store, following complaints by the government (through its state-run media) that Hong Kong protesters used it to target individual police officers for attacks.

“The app in question allowed for the crowdsourced reporting and mapping of police … Read More ➡