Even a stopped clock is right twice a day:
Nobody with any sense would invest in companies with such systemic governance failures and opacity, so why have pension funds been doing it on people's behalves?
If there's one thing that I can praise Donald Trump for, even if he clearly doesn't understand what he's doing and his motives are typically nefarious/selfish/misguided, is his foreign policy pivot against China. The developed world has appeased China for too long on the assumption that once the CCP was invited to the table, it would vaguely act as a team player. They have instead routinely pissed all over international agreements, while openly stealing intellectual property.
FT: President Donald Trump has ordered the main federal government pension fund not to invest its portfolio in Chinese companies
Nobody with any sense would invest in companies with such systemic governance failures and opacity, so why have pension funds been doing it on people's behalves?
If there's one thing that I can praise Donald Trump for, even if he clearly doesn't understand what he's doing and his motives are typically nefarious/selfish/misguided, is his foreign policy pivot against China. The developed world has appeased China for too long on the assumption that once the CCP was invited to the table, it would vaguely act as a team player. They have instead routinely pissed all over international agreements, while openly stealing intellectual property.
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