US Pension Funds Invest Billions in Chinese Firms, Stoking National Security Concerns

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claireokc
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US Pension Funds Invest Billions in Chinese Firms, Stoking National Security Concerns

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Recent actions by Republican lawmakers have called attention to the willingness of top U.S .pension funds to invest in Chinese companies that may have ties to the regime in Beijing and may play a role in enhancing the regime’s military and surveillance capabilities. Sen. Marco Rubio (R-Fla.) and two GOP colleagues, Sens. Tom Cotton (R-Ark.) and Tommy Tuberville (R-Ala.) sent a letter on April 6 to President Joe Biden’s four nominees to serve on the board of the Federal Thrift Retirement Investment Board (FTRIB), the primary pension fund for government employees, requesting that they pledge not to invest funds in Chinese firms that may undermine U.S. national security. ...

Source: https://www.theepochtimes.com/us-pensio ... 06684.html
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