1792 Exchange CEO and former Kentucky Attorney General Daniel Cameron describes a new China Risk database and reacts to “iconic brands” cutting back on DEI initiatives.
Fortune 100 companies that do business with Communist China could be in for a rude awakening if U.S. sanctions are imposed on the Far Eastern foe, according to former Kentucky Attorney General Daniel Cameron. told FOX Business Monday viewers
The newly launched China Risk Database from the 1792 exchange provides a snapshot of these companies' investments in Communist China, as well as the potential financial hit if sanctions are imposed.
Cameron, who leads, “(This database) shares with the American public and investors the inherent risk of Fortune 100 businesses doing business in China (and) having ties to Communist China. The nonprofit group to said host Maria Bartiromo.
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Trade and commercial transactions between China and the United States have come under intense scrutiny in recent years with the flare-up of tensions. (iStock/Photo illustration/iStock)
Stock Exchange 1792 that concentrates Supporting nonprofits, small businesses, and philanthropy versus “woke” corporations, steering companies toward ideologically neutral positions, and more, he based his findings on economic model estimates and knowledge gleaned from SEC filings and annual shareholder reports.
However, nearly half of the Fortune 100 companies—about 55 out of 100—do not fully disclose information about themselves. Chinese operation Cameron emphasized or their relationship with the Chinese government. Worse, he insists, shareholders have been largely left in the dark.
Daniel Cameron, a former Kentucky attorney general, now leads the 1792 exchange, which focuses on helping businesses and other groups evade “woke” corporations. (Photo by John Cherry/Getty Images) / Getty Images)
“We know that $157 trillion is on the line if US sanctions are imposed on China. That's a scary number. It's a scary number, but shareholders need to be aware of it.”
He later added, “Our CEOs and our fellow C-suite people must try to ensure that more information is disclosed for the purposes of shareholders and for the purposes of American workers and American consumers.”
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