Forwarded from 📡Guardians of Hong Kong
Hong Kong Watch: 3 public pension funds in Canada involved in investment and human rights violations by Chinese companies
Hong Kong Watch, the organisation which concern about Hong Kong human rights, published a report on Thursday. It discovered that there are 3 public pension funds in Canada invest in the Chinese companies which involve in Chinese military and human rights violations. The investigation discovered, two of the funds have been invested into the Chinese companies such as China Communications Construction, which have been blacklisted by United States. The investment involved amounts to $373 million Canadian dollars (approximately $2.39 billion HKD)
Hong Kong Watch suggested the Canada Members of the Parliament of Canada urge the government, ban pension funds from investing in companies that involve persecuting Uyghurs and Tibetans and suppressing Hong Kong. Furthermore, it also encourages the government to include companies involved in human rights violations on the “Entity List” and requires the Financial Consumer Council of Canada to pass legislation to restrict investment in companies involved in human rights violations.
Source: Stand News #Jun11
https://bit.ly/3wMg2ln
#HongKongWatch #Canada #China #HumanRights #Uyghurs #Xinjiang #Tibetans #HongKong #Suppression #EntityList #Legislation
Hong Kong Watch, the organisation which concern about Hong Kong human rights, published a report on Thursday. It discovered that there are 3 public pension funds in Canada invest in the Chinese companies which involve in Chinese military and human rights violations. The investigation discovered, two of the funds have been invested into the Chinese companies such as China Communications Construction, which have been blacklisted by United States. The investment involved amounts to $373 million Canadian dollars (approximately $2.39 billion HKD)
Hong Kong Watch suggested the Canada Members of the Parliament of Canada urge the government, ban pension funds from investing in companies that involve persecuting Uyghurs and Tibetans and suppressing Hong Kong. Furthermore, it also encourages the government to include companies involved in human rights violations on the “Entity List” and requires the Financial Consumer Council of Canada to pass legislation to restrict investment in companies involved in human rights violations.
Source: Stand News #Jun11
https://bit.ly/3wMg2ln
#HongKongWatch #Canada #China #HumanRights #Uyghurs #Xinjiang #Tibetans #HongKong #Suppression #EntityList #Legislation