US lawmakers to unveil bill requiring private equity firms to reveal China investment

U.S. Senator Bob Casey delivers remarks at the Belmont Water Treatment Center during a visit to Philadelphia, Pennsylvania, U.S., February 3, 2023. REUTERS/Elizabeth FrantzNov 9 -

"The American people deserve to know where and how their savings are being invested," Casey said in a statement. U.S. private investment firms have poured more than $80 billion into China between 2018 and 2022, some via pension plans, according to Casey's office.

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