BlackRock’s Fink Calls for Western Firms to Review China Ties

Western companies should be reassessing their ties to China in light of its support for the Russian economy, according to BlackRock Inc. Chief Executive Officer Larry Fink.

“Ukraine is at our doorsteps here and I’m surprised that there’s not a larger questioning or demanding — you’re supporting our enemy, we’re putting billions and billions of dollars into supporting the survival of Ukraine, and there should be a cost to that,” Fink said on a panel at the Berlin Global Dialogue conference.