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Top related persons:
Carlo Allegri - 1 BlackRock - 1 Mike Gallagher - 1 Gallagher - 1 MSCI - 1 Raja Krishnamoorthi - 1 They're - 1 Krishnamoorthi - 1
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Search resuls for: "Michael Martina Patricia Zengerle"


3 mentions found


☆ Subpoenas possible for BlackRock, MSCI over China investments, US House panel chair says
  + stars: | 2023-08-03 | by ( Michael Martina Patricia Zengerle | Michael Martina | Patricia Zengerle | ) www.reuters.com   time to read: +3 min
[1/2] The BlackRock logo is pictured outside their headquarters in the Manhattan borough of New York City, New York, U.S., May 25, 2021. BlackRock has said all of its investments in China and around the world comply with U.S. law, and that it will continue engaging with the select committee on the issues it raised. Republicans formed the select committee when they took control of the House in January, part of an effort to raise awareness about issues behind growing tensions with China. A hard line toward China is one of the few policies with bipartisan support in the deeply divided U.S. Congress. The committee does not write legislation, but makes policy recommendations and can subpoena executives and officials.
Persons: Carlo Allegri, BlackRock, Mike Gallagher, Gallagher, MSCI, Raja Krishnamoorthi, They're, Krishnamoorthi, Michael Martina, Patricia Zengerle, Don Durfee Organizations: REUTERS, BlackRock, Reuters, Republican, PLA, People's Liberation Army, Republicans, Congress, FBI, Thomson Locations: BlackRock, Manhattan, New York City , New York, U.S, China, MSCI, Dysart , Iowa, Washington, Iowa
☆ US House committee chair 'concerned' by Tesla deals in China
  + stars: | 2023-04-10 | by ( Michael Martina Patricia Zengerle | Michael Martina | Patricia Zengerle | ) www.reuters.com   time to read: +4 min
REUTERS/Florence LoWASHINGTON, April 10 (Reuters) - The leader of a U.S. congressional committee on China said on Monday he was concerned about electric carmaker Tesla Inc's (TSLA.O) dependency on China, a day after the company revealed plans to open a Megapack battery factory in Shanghai. Mike Gallagher, the Republican chair of the House of Representatives' select committee on China's Communist Party, said he would like to know how Tesla's CEO Elon Musk balances U.S. government support for Tesla and its operations in China. "I'm concerned about this," Gallagher told Reuters when asked about the battery factory. "Tesla seems entirely dependent, A, on the largesse of the federal government via tax breaks, and B, upon access to the Chinese market," Gallagher said. Tesla generated $18.15 billion in revenue from China last year, accounting for over one fifth of its total revenue.
☆ U.S. says may target Chinese entities linked to spy balloon
  + stars: | 2023-02-09 | by ( Humeyra Pamuk Michael Martina Patricia Zengerle | Humeyra Pamuk | Michael Martina | ) www.reuters.com   time to read: +5 min
Navy photo/Handout via REUTERSWASHINGTON, Feb 9 (Reuters) - The United States will explore taking action against entities connected to the Chinese military that supported the incursion by a Chinese spy balloon into U.S. airspace last week, a senior State Department official said on Thursday. Sherman also said the United States would continue to prevent China’s exploitation of U.S. technology to enable its own military modernization. China's foreign ministry has said it was a weather balloon that had blown off course and accused the United States of overreacting. The public spectacle of a Chinese balloon drifting slowly across the United States has brought into sharp focus the challenge posed by China to the United States and its allies. An Asia diplomat told Reuters there was a free flow of information about the balloon, with the United States passing on additional details to allies and partner as they became available.
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