Daniel Flatley and Jenny Leonard | November 6, 2019
Chinese stocks would be off limits to a U.S. government retirement fund under a bipartisan Senate bill to be introduced Wednesday, aimed at concerns that the investments would undermine national security and contribute to China’s economic and corporate growth.
The bill would block the Federal Retirement Thrift Investment Board from allowing its funds to invest in securities listed on mainland Chinese exchanges. Marco Rubio said in a statement:
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