State leaders eye Chinese influence in state retirement system
Florida is reassessing its exposure to foreign Chinese influence under a plan announced Monday by Gov. Ron DeSantis.
The plan calls on the State Board of Administration to audit all Florida Retirement System investments and investigate its holdings in Chinese companies.
Alongside Chief Financial Officer Jimmy Patronis and Attorney General Ashley Moody, the trio lambasted the Chinese government and described the relationship as a threat to national and economic security.
DeSantis is further urging the Legislature to pass laws that may bar investments into Chinese corporations.
“I would like the SBA to survey the investments that are currently being done,” DeSantis said. “When the Legislature...
