U.S. House committee flags MSCI, BlackRock for China investments

BEIJING — U.S. investments in around 50 blacklisted Chinese companies have drawn the attention of the U.S. House of Representatives Select Committee on the Chinese Communist Party.

The committee on Tuesday announced it sent separate letters to MSCI and BlackRock asking for more information about the firms’ facilitation of U.S. investments into those Chinese companies.

The Chinese companies were blacklisted over claims of supporting China’s military or alleged human rights abuses, the committee said. It noted the initial review did not include one of the largest blacklists, the U.S. Department of Commerce’s Entity List.