In focus: Canadian pensions' China exposure under scrutiny as tensions grow

As political tension between Beijing and Ottawa escalates, leaders of two of Canada’s largest public pension funds told a parliamentary committee of the Canadian government they have paused direct investments in China. Meanwhile, executives from three other funds explained why they were not yet prepared to do the same. Testifying to the House of Commons Special Committee on the Canada-People's Republic of China Relationship on May 8, Stephen McLennan, executive managing director…