US Government launches investigation into $9 trillion asset manager BlackRock over Chinese investments.

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The goal of the investigation is to gather facts that would inform the U.S.’s China policies, including on American capital flows. By routing “massive flows of American capital” to such Chinese entities, the U.S. firms are “exacerbating an already significant national-security threat and undermining American values,” said the letters.

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How does this flow of capital endanger national security and American values?

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