Five conservative states have forced their employee pension funds to divest from China over the past year, amid increased tension with the Asian country, and more are considering following suit.
Tension between the United States and China has been worsening for years, but Director of U.S. National Intelligence Avril Haines most recently warned lawmakers in May that China is preparing for increasingly unstable relationships with the United States.
Indiana, Florida, Missouri, Oklahoma, and Kansas are leading the calls to divest from the economic powerhouse, over fears that U.S. assets could be frozen if conflict breaks out between China and Taiwan, Politico reported Friday.
https://justthenews.com/nation/states/five-states-force-employee-pension-funds-divest-china-amid-increasing-tension