<p><a href="http://dailywire.com/topic/blackrock" target="_blank" rel="noopener">BlackRock</a> referred to a potential military invasion of <a href="http://dailywire.com/topic/taiwan" target="_blank" rel="noopener">Taiwan</a> as “reunification,” a phrase that aligns with the official policy of the <a href="http://dailywire.com/topic/china" target="_blank" rel="noopener">Chinese</a> government.</p>
<p>Former Secretary of State <a href="https://www.dailywire.com/topic/mike-pompeo" target="_blank" rel="noopener">Mike Pompeo</a> and Strive Asset Management Executive Chairman <a href="http://dailywire.com/topic/vivek-ramaswamy" target="_blank" rel="noopener">Vivek Ramaswamy</a> argued in a Monday <a href="https://www.wsj.com/articles/investing-silicon-semiconductors-chips-taiwan-invasion-tsmc-china-intel-blackrock-asset-manager-11665408814" target="_blank" rel="noopener">opinion piece</a> for The Wall Street Journal that BlackRock “raves about the importance of Chinese investments with little mention of Taiwan” and associated risk factors. While responding to the article on social media, BlackRock claimed that the firm has “highlighted for the past year the investment risk should China take steps to accelerate reunification with Taiwan.”</p>
<p>Ramaswamy argued that BlackRock’s choice of words reveals how the asset management company is “beholden” to the Chinese Communist Party even when “they’re trying to argue that they’re not.”</p>
<p>“They refer to China’s potential military invasion of Taiwan, a sovereign democratic nation, as ‘reunification.’ ‘Reunification’ is a phrase you use to describe a lost child who has been returned to his parents in a shopping mall, not a military invasion of a sovereign nation,” the entrepreneur said. “BlackRock can&#8217;t even utter the word ‘invasion’ in the very tweets where it’s claiming it is not beholden to China.”</p>
<p>The Daily Wire contacted BlackRock to determine the company’s official policy toward the independence of Taiwan but received no response.</p>
<p>As Ramaswamy and Pompeo observed in the article, BlackRock became the first foreign company to secure preliminary approval to offer mutual funds in China two years ago. During the summer of 2021, BlackRock told investors to triple their Chinese investments after a selloff in the country’s stock market.</p>
<p>In recent months, however, China has assumed an increasingly aggressive posture toward Taiwan. The Chinese military <a href="https://www.dailywire.com/news/china-lashes-out-as-u-s-and-taiwan-forge-trade-agreement" target="_blank" rel="noopener">announced</a> that it sent a “readiness patrol” around Taiwanese sea and airspace this summer in response to trade talks with the U.S. In February of this year, as Russia launched an invasion of Ukraine, China sent <a href="https://www.dailywire.com/news/taiwan-scrambles-air-force-after-chinese-aircraft-spotted-nearby" target="_blank" rel="noopener">squadrons of jets</a> into Taiwan’s airspace following a similar incursion one month earlier.</p>
<p>An invasion of Taiwan would prove especially dangerous to American companies’ ability to access semiconductors. In particular, manufacturer TSMC produces 90% of the world’s most advanced computer chips, meaning that an attack upon the island nation could cause a global economic crisis. The article therefore encourages American firms to invest in domestic semiconductor production and said that asset managers like BlackRock are failing to address known risk factors that could harm their clients.</p>
<p>The economies of China and the United States are deeply intertwined. American goods and services trade with China surpassed $615 billion as of 2020, according to <a href="https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china">data</a> from the Office of the United States Trade Representative, while foreign direct investment in China was nearly $124 billion.</p>
<p>Beyond the present geopolitical risks associated with an invasion of Taiwan, multiple key Asian manufacturing economies enforced harsh lockdowns two years ago, creating bottlenecks in the global semiconductor supply chain that persist to the present day. President Joe Biden recently <a href="https://www.dailywire.com/news/biden-signs-52-billion-semiconductor-bill-in-latest-push-to-fight-inflation" target="_blank" rel="noopener">signed</a> the CHIPS and Science Act, which includes $39 billion in computer chip manufacturing incentives, $13.2 billion for research and development, and a 25% investment tax credit for semiconductor production.</p>
<p>“One-third of the core inflation last year was due to the higher price… for automobiles and a shortage of semiconductors,” Biden said two months ago. “Folks, we need to make these chips here in America to bring down everyday costs and create jobs.”</p>

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

BlackRock Refers To Potential Chinese Military Invasion Of Taiwan As ‘Reunification’

Bud Light Sales Continue To Plummet, May Soon Lose Status As Number-One Beer

‘Profoundly Christian’: Former Head Of Anglican Church Presses British Government To Endorse Assisted Suicide

Ben Shapiro Reacts To Debt Limit Deal, Hits Both Democrats And Republicans Over Spending Habits

‘The Chosen’ Defends Pride Flag Spotted On Set: ‘Let The Show Speak For Itself’

Chick-Fil-A Faces Backlash As Their Diversity Efforts Resurface, Other Woke Brands Take Beating

North Korea Sentenced Two-Year-Old To Life In Prison After Family Caught With Bible: State Department

News

BlackRock

China

Mike Pompeo

Taiwan

Vivek Ramaswamy

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

BlackRock Refers To Potential Chinese Military Invasion Of Taiwan As ‘Reunification’