Tim Walz's Minnesota state investment board stepped up contributions to Chinese funds during his tenure

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Politics Nouvelles

US News,2024 Presidential Election,China

During the Democrat’s tenure, SBI appointees have directed roughly 70% of the approximately $1.3 billion moved into Chinese funds, according to watchdog group Future Union.

As red states like Florida, Indiana and Missouri pass laws banning their state investment boards from involvement with Chinese funds,

While the board has claimed it has not made any new investment into Chinese funds since the year Walz took office, King said that is misleading because it continued existing investments —Sick list of Diddy’s alleged requirements for girls at his 'Freak Off' sex parties revealed — including the important question they were never askedfor a number of reasons, King said.

States and other investors can be tempted to engage with Chinese funds due to their often substantial returns. However, those are “largely due to the Chinese Communist Party putting their thumb on the scale of which companies are the Party’s preferred winner,” according to King.

“The Oversight Committee’s government-wide investigation into how federal agencies are addressing CCP political and economic warfare has also revealed just how dangerous unfettered engagement and investment in China has been,” he added. “Yet the Harris-Walz campaign has proved wholly uninterested into strengthening the American homeland in the face of the cold war the CCP is waging.”Democratic vice presidential nominee Minnesota Gov. Tim Walz speaks at a campaign stop on Oct.

 

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