State Department urges universities to divest China stocks and disclose those held in index funds
Given Trump’s popularity among universities, look for more Chinese investment, not less.
(From The Wall Street Journal)
A State Department official this week urged university endowments to divest Chinese stocks and disclose Chinese assets held in their index funds.
China’s growing prominence in emerging-markets indexes has steered more money from U.S. institutions into China, putting many endowments at odds with the Trump administration’s increasingly confrontational stance toward Beijing.
This article was originally posted here: https://www.ac2news.com/2020/08/state-department-urges-universities-to-divest-china-stocks-and-disclose-those-held-in-index-funds/.