Rubio vows to introduce bill to stop US pensions investing in China
from Reuters via IJR
Republican senator Marco Rubio said on Monday he plans to introduce legislation to block U.S. government pension funds from investing in Chinese stocks after a fund delayed a decision about tracking an index provided by MSCI Inc. Rubio and a bipartisan group of senators have complained about specific companies included in the MSCI All Country World ex-U.S. Investable Market Index, which gives a 7.5% weighting to Chinese firms.
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