California’s State Pension Invests Millions in Chinese State-Owned Companies

California’s State Pension Invests Millions in Chinese State-Owned Companies: California's state pension invested hundreds of millions of dollars in Chinese state-owned enterprises linked to the People's Liberation Army, according to records reviewed by the Washington Free Beacon. The California Public Employees' Retirement System (CalPERS) had more than $3 billion invested in Chinese companies, including 14 state-controlled enterprises blacklisted by the Trump administration, as of […]