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US can’t let China ‘push our companies and our people’ around, Carson Block says

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American companies need to take a stronger stand against the demands of the Chinese government and protect their principles, not profit, short seller Carson Block told CNBC on Friday.

“We need to stop letting the Chinese government push our companies and our people around,” the founder and CIO of Muddy Waters Research said on “Power Lunch.”

Block’s appearance on CNBC came one day after he published a fiery op-ed in the Financial Times, arguing that the NBA and other American companies need to “locate their spines quickly.”

If that doesn’t happen, Block wrote, “we will find that the west’s four decades of engagement with China have provided an autocratic despot with the understanding and…



Source cnbc.com

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