A bipartisan group of US senators on Tuesday again asked a federal pension fund to reverse its decision to track a popular index provided by MSCI. N. If no action is taken, U.S. pension savings will flow to companies controlled by the Chinese government, he said.
The request is the latest effort made by Republican Senator Rubio and Democratic Senator Jeanne Shaheen to prevent us investment in specific Chinese enterprises. Other members of the Congress, including Senator Romney, also signed their support, indicating that the issue is gaining more and more support.
Another background of the incident is the current high tension between China and the United States in trade relations. Reuters has reported that the U.S. government is considering restricting U.S. capital investment in Chinese companies because of security concerns about their activities.
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