In Focus: US state pension funds' continue to shed China exposure
Recent moves by Kansas and Texas pension funds signal an accelerating trend of US state pension funds reducing exposure to China amid growing geopolitical tensions.
The Kansas Public Employees Retirement System (KPERS) has completed a nearly $300 million divestment from Chinese securities, while Texas has ordered its state agencies to exit Chinese investments completely, marking the latest wave of US pension funds reducing their China exposure.
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