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#1109 Vivek Ramaswamy On Using Money As A Weapon

The Pomp Podcast

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What Are the Unseen Investment Risks?

You don't actually own a share of Tencent or Alibaba if you're an American investor. There's a Chinese law that says that for certain sectors, including the tech sector, you can't be a foreign owner of a Chinese company. So what did a bunch of these financial institutions in the US do? They created what are called ' variable interest entities'

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