scorpioncapital Posted October 11, 2019 Share Posted October 11, 2019 Can we justify holding stocks that do business in places that have real human rights issues ? I don't mean like environmental because when USA was poor 200 years ago they also burned coal and polluted to survive. I mean things that really are totally unacceptable like government murders (khashoggi case) , repression of uighurs in China on a mass level and disappearance of people as so called political prisoners (but by a different standard than westerners would consider it a crime to speak out )? Yet we hold stocks of companies that have enabled the economies of these countries. I hold stocks that operate in Russia and China. Of course this is a geopolitical risk but what happens when companies both need(?) these countries for growth and then turn a blind eye saying we only do business. Should we keep these stocks or sell down ? Self financial interest versus not wanting to support these markets as it stands ? Of course everything is a web as even governments unwittingly (or not) support by various trade and foreign aid some of these problem areas (eg https://www.conservativewoman.co.uk/how-british-cash-helps-fund-chinese-concentration-camps/ https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/25A64D46-7C93-11E9-BCBE-9CFF8142FED0) Quote Link to comment Share on other sites More sharing options...
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