A Risk Analysis of the Chinese Corporate Beneficiaries of the U.S. PPP Loan Program

On August 17, RWR pub­lished a report ana­lyz­ing the risk expo­sure of the twen­ty-two U.S.-based sub­sidiaries of Chi­nese com­pa­nies that received PPP loans from the U.S. gov­ern­ment that are pub­licly trad­ed. Of this cross-sec­tion, twelve of these com­pa­nies appear to present nation­al secu­ri­ty or human rights-relat­ed risk fac­tors, whether direct­ly or indi­rect­ly through their respec­tive par­ent com­pa­nies.