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US: /CHINA: BBG has noted that "President Donald Trump is exploring blocking a
government retirement fund from investing in Chinese equities considered a
national security risk, a person familiar with the internal deliberations said.
The Thrift Savings Plan -- the federal government's retirement savings fund --
is scheduled to transfer roughly $50 billion of its international fund to mirror
an MSCI All Country World Index, which captures emerging markets, including
China. The Federal Retirement Thrift Investment Board overseeing the fund made a
decision in 2017 that the money should be moved by mid-2020. Opponents of the
transfer in recent weeks have engaged in a last-minute effort to stop it."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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