Vanguard Funds Invest in Chinese Military Companies

The Vanguard Group, one of the world’s largest asset managers, invests through index funds in Chinese military groups and companies linked to forced labor.

  • Vanguard’s $70 billion flagship emerging markets index fund includes 60 companies on the Chinese military company sanction list by the Treasury Department.
  • In addition, Vanguard funds also hold shares of eight Chinese companies sanctioned over human rights abuses in China’s Xinjiang region.

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