$2 Trillion Invested in Chinese Companies, but US Investors Have No Control over Them: Keith Krach
July 17, 2021 Source: Zooming In China | By: Simone Gao
#US investors have no control over the #chinesecompanies, they invested $2 trillion into, because these chinese companies use a structure called #VIE. With #VIE, the Chinese companies are registered in #CaymanIslands but they are only the shell companies of the real entities in #China. Therefore, by owning stocks of the Cayman Island shell companies, #USinvestors have no control over the real companies located in China. #DIDI, #Alibaba and others all fall into this scenario.
Watch Part 1 of this interview: https://www.youtube.com/watch?v=6JGl-…
Zooming In China is an in-depth, investigative program produced and hosted by the #Award-WinningJournalist, Simone Gao. The program focuses on China and #US-ChinaRelations. It is known for never shunning tough, controversial issues or complex stories. Exclusive interviews and reports from China, insight from top experts on the U.S. and China, good storytelling, and engaging visual presentations make Zooming In one of a kind.
This channel features three types of programs: a monthly documentary on China, called Movies; Simone’s In-depth Interviews with China experts, called Chat; and Simone’s own analysis, called Tea Time. The latter two formats are produced every week.