Republican Texas Gov. Greg Abbott sent a letter to state agencies ordering them to divest from “risky” investments from China, warning of security threats, according to a Thursday press release.
Abbott’s letter was aimed at preventing Texans from being exposed to the Chinese Communist Party (CCP), according to the statement. The governor called for the agencies to fully divest from China as soon as possible, citing financial risk and Chinese “aggression” against the U.S.
“Security of Texas and Texans is of utmost importance,” Abbott wrote. “That includes the financial security of Texas state investments. Threats to that security can come from foreign adversaries, including the Chinese Communist Party (CCP), whose belligerent actions across the Southeastern Pacific region and the world have increased instability and financial risk to the State holding…
