1792 Exchange CEO and former Kentucky Attorney General Daniel Cameron details a new risk database in China and reacts to ‘iconic brands’ scaling back their DEI initiatives.
The 100 companies that do business with Communist China could be in for a rude awakening if the United States imposes sanctions on its Far Eastern rival, former Kentucky Attorney General Daniel Cameron said. He told Fox Business viewers on Monday.
The 1792 Exchange’s newly launched China Risk Database provided a snapshot of the money these companies have invested in Communist China, as well as the potential financial hit they could take if sanctions are imposed.
“(This database) shares with the American public and investors the risks inherent in Fortune 100 companies doing business in China (and) having ties to communist China. I hope this will hold these companies accountable,” said Cameron, who leads the database. Companies. the nonprofit group told host Maria Bartiromo.
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Trade and commerce dealings between China and the United States have come under intense scrutiny in recent years as tensions rise. (iStock/Image/iStock)
Stock Exchange 1792, which Focuses on Protecting nonprofits, small businesses, and charities from “woke” corporations, guiding corporations toward ideologically neutral positions, and more, its findings were based on economic model estimates and knowledge derived from SEC reports and annual shareholder reports.
However, nearly half of the Fortune 100 companies – nearly 55 out of 100 – do not fully disclose data about their companies. Chinese operations Cameron stressed their relationship with the Chinese government. To make matters worse, he insists that shareholders are largely left in the dark.
Former Kentucky Attorney General Daniel Cameron now leads the 1792 Exchange, which focuses on helping companies and other groups evade “woke” companies. ((Photo by John Cherry/Getty Images)/Getty Images)
“We know there’s $157 trillion that could be at stake if the United States imposes sanctions on China. That’s a scary number. That’s a scary number, but shareholders should be aware of it.”
He later added: “Our CEOs and executives need to step up to the plate and make sure that more information is disclosed for the purposes of shareholders and for the purposes of the American worker and the American consumer.”
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