Name: US Public Pension Funds Pour Money Into China
Uploaded: 2023-12-28T05:08:45.000Z
Description: American public pension funds are pouring money into China despite the federal government’s efforts to curb investment that could advance the Chinese regime’s military technology.

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American public pension funds are pouring money into China despite the federal government’s efforts to curb investment that could advance the Chinese regime’s military technology.

A new report by the non-profit Future Union reveals that over the past three years, 56 of the largest 74 American pension plans have invested a total of more than $68 billion into Chinese stocks.

The nonprofit says that money can be used by the Chinese regime to boost its military and undermine the United States. It's also possible that investors won't get their money back if Beijing were to freeze the funds given the current tensions between the United States and China.

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