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Hayman Capital’s Kyle Bass blasts U.S. companies for cozying up to China

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Hedge fund manager Kyle Bass, a frequent critic of the Chinese Communist Party, on Thursday blasted American companies that speak up against social injustices in the U.S., but fail to take forceful positions around human rights abuses in China.

“If U.S. national security was left up to corporate America, we’ll all be speaking Chinese very quickly,” the founder of Texas-based Hayman Capital Management said on CNBC’s “Squawk Box.”

In particular, Bass ripped Nike CEO John Donahoe for comments made last week during the company’s earnings call with Wall Street analysts.

According to a FactSet transcript, Donahoe said: “We’ve been in China for over 40 years. Phil [Knight] invested significant…



Source cnbc.com

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