BlackRock’s Fink: CEOs tell me they’re pulling their supply chains out of China
Larry Fink, chief executive officer of BlackRock Inc., speaks during a Bloomberg Television interview in New York, U.S., on Wednesday, April 19, 2017. Bloomberg | Bloomberg | Getty Images Companies are moving their supply chains out of China instead of waiting for a trade resolution between Washington and Beijing, BlackRock Chairman and CEO Larry Fink told CNBC on Friday. “We’re hearing from CEOs that more and more supply chains are moving out of China right now, ” Fink said on “Squawk Box. ” “People are not waiting, companies are not waiting to see what the outcome is.” The trade war
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