Social Investment Funds Warn Tech Companies About Dealing With China
A group of social investment funds from Western countries have called for Internet companies to refrain from supporting repressive human rights practices in China and other nations.
In a letter by 25 investment funds based in the United States, Switzerland, Canada and Australia that manage a total of US$21 billion (HK$163.8 billion) in investments, fund managers warned companies of the risks in "collaborating to suppress freedom of opinion and expression."
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Jamaican Olympic legend Usain Bolt visited the Westin Beijing Financial Street for a presentation ceremony. In the Plush lounge of the hotel the fastest man in the world personally donated USD50,000 to the Red Cross to help children affected by the Sichuan earthquake.
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