Video: Experts Illuminate Chinese Tech Giant’s Threat to Investors, Privacy and National Security

AFLC Co-Founder and Senior Counsel David Yerushalmi participated in an exciting expert panel discussion on Tuesday that analyzed the Chinese tech giant Alibaba’s initial public offering (IPO) and the potential threats it poses to U.S. national and economic security. Yerushalmi discussed in detail the alarming legal and securities issues that have been raised by Alibaba’s IPO; in particular, he argues that federal securities regulators and investors seem blatantly unaware that Alibaba’s push is the result of a concerted effort by China’s state-owned and ostensibly private enterprises to gain a stronger foothold in the U.S. economy.

As Yerushalmi warned: “These [Chinese] companies are strategically placed in exactly the right industries . . . [with] close to a trillion dollars in market capitalization . . . and no one is going to connect the dots. And that’s the problem I see here.”