I Refuse To Invest In China
On numerous occasions, TMF has emphasized the importance of ethical, far-sighted corporate governance.
However, ought not this attitude also apply to the country in which a corporation does business? Is not proper governance important for both the host country and corporate entity for reliable, ethical, long-term, healthy economic activity?
Communist China has no problem with capturing a pregnant woman, forcibly strapping her down to a hospital bed, injecting abortifacients, extracting her dead baby, and placing the dead body on the mother's naked body to take pictures. This happens multiple times daily.
If investment is to have an ethical and moral component, does not Communist China disqualify itself? In my book, yes.
I will not invest in any company based in China, or any US corporation that does business therein. Is this not in the same vein as the South Africa divestment movement over apartheid?