McCormick wants the US to divest from China. As a hedge fund manager, he oversaw investments in Chinese companies


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New York CNN — In Republican David McCormick’s second bid for US Senate in Pennsylvania, he has rebranded himself as a Trumpian-hardliner on China, sounding the warning bells on US economic ties with China. However, as the head of the world’s largest hedge fund, McCormick oversaw massive investments into US exchange traded Chinese companies and holdings, according to a CNN KFile review of the hedge fund’s holdings. “We need to stop investing in China, and I know something about investing, put restrictions on portfolio investment or direct investment that aids the CCP or the Chinese military,” McCormick said on Hugh...