Wall Street, Led by BlackRock, Is Funding Blacklisted Chinese Companies Opinion

News Snapshot:

For the last several years, the annual threat assessment report by the Director of National Intelligence (DNI) has listed China as our scariest rival. They don't use the word "scary," but the takeaway is that no one can outcompete the U.S. on every level—economic, financial, soft power, and maybe even militarily (though not yet)—like China. On coveted green technologies like solar, wind and EV batteries, they have us beat in spades and everyone knows it. On May 14, Biden announced new import duties on China-sourced EVs and solar, for example, which begin August 1. Here's how the DNI sees China,...