Amid China tensions, some US states purge Chinese firms from investments

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Amid China tensions, some US states purge Chinese firms from investments - Business Standard

Quick Summary:

As state treasurer, Vivek Malek pushed Missouri's main retirement system to pull its investments from Chinese companies, making Missouri among the first nationally to do so.

The Missouri treasurer's race highlights a new facet of opposition to China, which has been cast as a top threat to the U.S.by many candidates seeking election this year.

Now Malek is touting the Chinese divestment as he seeks reelection in an Aug.6 Republican primary against challengers who also are denouncing financial connections to China.