No Investment in Repression

The Washington Post has picked up the shocking story (broken by the New York Times and mentioned in contentions last week) of China Security and Surveillance Technology. This is a company that supplies high technology tools of repression to Beijing’s secret police and whose stock is hot right now; it has also received the lion’s share of its capital from U.S. hedge funds, and is about to be listed on the New York Stock Exchange. Columnist Harold Meyerson tells the story in today’s edition. He estimates that “high-end surveillance equipment” which was a $500 million industry in 2003 may be worth “$43 billion . . . by 2010.”

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No Investment in Repression

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