Texas governor orders state agencies to sell China assets

  • Posted on November 22, 2024
  • By Bing News
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Texas governor orders state agencies to sell China assets

SINGAPORE/HONG KONG (Reuters) -The governor of Texas ordered state agencies to stop investing in China and sell assets there as soon as possible, citing financial and security risks, a sign of rising U.S.-China tensions starting to impact global capital flows. In a letter to state agencies dated Nov. 21 and posted to his website, Republican Greg Abbott said "belligerent actions" of China's ruling
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