Ex-Kentucky AG warns ‘scary’ amount of money is on the line if US sanctions China

Fortune 100 companies that do business with Communist China could be in for a rude awakening if the U.S. imposes sanctions on its far eastern adversary, former Kentucky Attorney General Daniel Cameron. said FOX Business viewers on Monday.

A newly released China Risk Database by The 1792 Exchange has provided a snapshot of the funds such companies have invested in Communist China, as well as the potential financial hit they could take if sanctions are imposed.

“[This database] shares with the American people and investors the risk inherent in Fortune 100 businesses doing business in China [and] having relations with communist China. I hope it will hold these companies … accountable,” Cameron, who runs the nonprofit group, told host Maria Bartiromo.

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Trade and business deals between China and the US have come under intense scrutiny in recent years as tensions flare. (iStock/Photo illustration/iStock)

The exchange of 1792 which concentrates protecting nonprofits, small businesses, and philanthropy from “woke” corporations, guiding companies to ideologically neutral positions, and more, his findings are based on economic model estimates and insights gleaned from SEC filings and annual shareholder reports.

However, nearly half of the Fortune 100 companies—roughly 55 out of 100—do not fully disclose their data. Chinese actions or their relationship with the Chinese government, Cameron emphasized. To make matters worse, he claims shareholders were largely left in the dark.

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Former Kentucky Attorney General Daniel Cameron now runs the 1792 Exchange, which focuses on helping businesses and other groups avoid “woke” companies. ((Photo by John Cherry/Getty Images) / Getty Images)

“We know $157 trillion could be on the line if the United States imposes sanctions on China. That’s a scary number, but shareholders should be aware of it.”

“Our CEOs and our C-suite people need to step up and make sure more information is disclosed for the benefit of shareholders and American workers and American consumers,” he added later.

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