In this post. Larry Fink criticized China's decision to strengthen ties with Russia, saying the country supports its enemies.
Fink called on Western companies to reconsider their relationship with Russia.
The #BlackRock CEO also noted that China is the largest contributor to the Russian economy.
Larry Fink, CEO of BlackRock, condemned China's relationship with Russia, saying the country supports its enemies. CEO Fink also demanded that Western companies doing business with China reconsider their relationship. Fink believes that the relationship between China and Russia is not fully appreciated.
Fink spoke about China at the Berlin Global Dialogue Summit in Germany. The summit, organized in 2022 to discuss political, economic and social developments in the 21st century, began on October 1 and will conclude on October 2.
pLarry Fink was one of the speakers at the event, along with other key financial and political figures, including the president of Kosovo, the president of France, Nigeria's finance minister and Saudi Arabia's finance minister. Important partners such as Bank of America, AandO Sherman and Allianz were present at the event.
Fink noted that most of the summit participants were able to agree on business relationships with China. BlackRock has a large presence in China, Fink said, but the company plans to revisit the issue. Fink is also a trustee of the School of Economics and Management at Tsinghua University, a prominent university in Beijing.
the relationship between Russia and China was particularly volatile in 2023. President Putin and President Xi have resolved the issues, and economic activity between the two countries has increased.
Mr. Fink questioned such support, especially given the ongoing war between Russia and Ukraine, which began in 2022.
you are supporting our enemies. We are pouring in billions and billions of dollars to help Ukraine survive.
Oct.
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