American public pension funds have invested tens of billions into Chinese companies over the last three years, according to a new study.
As reported by Axios , the study from the trade advocacy group Future Union shows that a total of $68 billion has been invested in various private Chinese entities in the last three years as of June 30th. There has been at least one public pension fund with investments in China in 42 different states.
Of those 42 states where one public pension has made PE/VC investments into a company in either China or Hong Kong, 17 states have seen at least one public pension with an investment of 2% of its assets or more in a Chinese private company.
The report comes even after the Biden Administration implemented new restrictions on the ability of American entities to invest in Chinese tech companies in August. Some lawmakers have called for […]
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