Pension funds have become the latest front in US efforts to curb investment into China, with a new divestiture requirement taking effect in Arkansas and more than a dozen other states discussing or rolling out similar restrictions.
In a Financial Times Foreign Direct Investment Intelligence article, ERISA and benefits partner Joshua Lichtenstein explained that public pension funds have had politically based restrictions on investment for many years. He notes what is different about these state pension fund China restrictions is there is more of a domestic political agenda.
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