U.S. pension funds heavily invested in China complicate Washington's crackdown, new analysis finds
Publishing timestamp: 2023-12-12 01:22:01
Summary
The article discusses how U.S. proposals to restrict investments in China are being undermined by continued funding from major institutional investors. Many U.S. public pensions, universities, and non-profit organizations have invested funds in China and Hong Kong, including in sensitive technologies. The report highlights the significant amount of money allocated to Chinese companies by U.S. pension funds and raises concerns about the geopolitical implications of these investments. The article also mentions specific pension funds and universities that have made substantial investments in China.
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Keywords: politics, business news, breaking news: politics, alibaba group holding ltd, investment strategy, tencent music entertainment group, breaking news: investing, breaking news: economy, economy,
Source: https://www.cnbc.com/2023/12/12/us-pension-funds-heavily-invested-in-china-despite-crackdown.html