GOP’s McCormick Led Bridgewater During China Military Investment

April 12, 2024, 9:00 AM UTC

US Senate candidate David McCormick led Bridgewater Associates as the hedge fund steered millions of dollars of investments into Chinese companies that produce fighter jets, bombers, planes equipped to jam enemy radars, and the country’s first domestically built aircraft carrier, according to documents analyzed by Bloomberg Government.

McCormick — the Republican challenger in a critical contest in Pennsylvania— has long faced attacks over Bridgewater’s holdings in China. But previously unreported disclosures show new details of investments tied to its military and could undercut his attempts to cast himself as a China hawk in his campaign against Sen. Bob Casey ...

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