Adds detail from WSJ reportAug 1 (Reuters) - Asset manager BlackRock BLK.N and index provider MSCI are being investigated by a congressional committee for allegedly facilitating China investments, Wall Street Journal reported on Tuesday, citing letters to the companies from the panel. BlackRock, MSCI and the Committee did not immediately respond to Reuters requests for comment outside normal business hours. U.S.-China relations are at a crucial juncture as two of the world's biggest economies clash over a range of hot-button issues such as Taiwan and Russia's invasion of Ukraine. Last month, China curbed exports of some metals widely used in the semiconductor industry, in a move it said was aimed at protecting national security. (Reporting by Niket Nishant in Bengaluru; Editing by Krishna Chandra Eluri and Shinjini Ganguli)((Niket.Nishant@thomsonreuters.com;))The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Source: Wall Street Journal August 01, 2023 10:24 UTC