22-11-2024 20:17 via foxbusiness.com

Texas Gov. Abbott orders state agencies to divest from China

Texas Gov. Greg Abbott has ordered all agencies in the state to stop investing in China and to sell off any holdings as soon as possible, citing financial and security risks.In a letter dated Nov. 21, Abbott said "belligerent actions" of the Chinese Communist Party (CCP) "across the Southeastern Pacific region and the world" had increased risks to Texas' investments in China, and told investors to get out."I direct Texas investing entities that you are prohibited from making any new investments
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