US-China Relations

Texas Gov. Abbott Directs State Agencies to Divest From China

Abbott’s divestment directive is the latest in a string of orders he issued this week to protect Texans from CCP influence.
Texas Gov. Abbott Directs State Agencies to Divest From China
Texas Gov. Greg Abbott speaks with the Jewish Republican Coalition in Las Vegas, Nev., on Sept. 5, 2024. John Fredricks/The Epoch Times
Catherine Yang
|Updated:
0:00
Texas Gov. Greg Abbott on Nov. 21 ordered all state agencies to conduct risk assessments and withdraw state funds from investments in China.

“I direct Texas investing entities that you are prohibited from making any new investments of state funds in China,” Abbott wrote in a letter to agencies. “To the extent you have any current investments in China, you are required to divest at the first available opportunity.

Catherine Yang
Catherine Yang
Author
Catherine Yang is a reporter for The Epoch Times based in New York.