No, but it has allowed $9bn in Texas pension fund dollars to flow into Tencent and Alibaba, companies heavily involved in churning through all that sweet, sweet

No, but it has allowed $9bn in Texas pension fund dollars to flow into Tencent and Alibaba, companies heavily involved in churning through all that sweet, sweet US user data. Follow the money. This is political point scoring at its most brazen. > Yet through Texas’ seven public pension funds, which are fueled primarily by contributions from members but are guaranteed and backed by state taxpayer dollars, $9.12 billion is invested in companies in China, based on a Hearst Newspapers analysis of figures provided by the seven funds — representing a multi-billion dollar bet in the success of the Communist country’s economy. https://www.expressnews.com/news/legislature/article/Texas-invests-billions-in-China-despite-16845643.php https://www.expressnews.com/news/legislature/article/Texas-i...