Investment adviser Hevesi wrote: <<I believe a company that is doing business in a country under a repressive regime must not provide financing or other resources for the perpetuation of wrongdoing or atrocities.>>
I wonder how troubled Mr Hevesi, as an investment adviser, is when it comes to companies like Microsoft, Boeing, AOL, McDonalds, IBM, etc etc. They are all "providing financing or other resources" for the Chinese Communist Party.
But I suppose doing big business in China is more Respectable and Moral than doing it in Sudan? The Chinese Communist Party killed more than 1% of all human beings in the whole world around 1960, it's known as "The Big Leap Forward" (what a wonderful name!). Less than 10 years later the mass killings started again (The Cultural Revolution). Since then millions have died in the labor camps in the Chinese Gulag.
And don't forget, the same Party is still ruling China today. Those responsible for the mass killings are not rottening in jail, oh no, some of them are Respected Senior Party Officials shaking hands and signing contracts with well respected foreign Company leaders.
China is the Number 1 investor in Sudan. Guess who sold the Sudanese regime most of the heavy weapons they use in the war... The same China as all big companies in the world are doing business with and investing in.
So, what's my point? I'm not against doing business with China, on the contrary.
I just don't like hypocrisy, that's all.
Tomas |