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Texas governor orders state agencies to sell China assets

  • Texas Gov. Greg Abbott ordered state agencies to conduct risk assessments and divest state funds from China on Nov. 21.
  • Abbott identified the Chinese Communist Party as a foreign adversary, citing its "belligerent actions" as destabilizing.
  • The state aims to bolster its security and economic resilience by eliminating financial ties to China amid rising geopolitical tensions.
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Latin Times broke the news in New York, United States on Thursday, November 21, 2024.
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