The Canada Pension Plan Investment Board (CPPIB) says it is monitoring China’s Tencent, in which it has invested over $1 billion, for possible use of “dual use” technologies. Security experts have warned that Tencent’s social media app, WeChat, widely used in China and by overseas Chinese, is under surveillance by the Chinese Communist Party.
Michel Leduc, senior managing director and global head of public affairs at CCPIB, told a House of Commons committee on May 8 that the Crown corporation still maintains investments in Tencent after being questioned about it by Liberal MP Jean Yip.
