Wall Street Must Stop Enabling Communist China
Americaâs financial elite is helping to finance Americaâs prime strategic adversary.
Mark Schiefelbein/AP Photo
After the Trump administration called for the delisting of Chinese companies tied to Beijingâs military last fall, Wall Street went to bat to ensure that three Chinese telecommunications firms, including China Telecom, were spared.
As a new, more skeptical consensus about Americaâs economic relationship with Beijing emerges in Washington, Wall Street is growing more tightly integrated with China than ever before. The disconnect highlights one of our nationâs biggest vulnerabilities in our confrontation with China over who will determine the course of the 21st century.