Gov. Noem: Investment review finds limited funds in China


Source: bigrapidsnews.com bigrapidsnews.com

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SIOUX FALLS, S.D. (AP) — South Dakota Gov. Kristi Noem said Wednesday a recent review of the state's investment portfolio found the state did not hold any direct investments in China but has stakes in emerging markets funds that invest in the Asian economic power. The Republican governor, who is seen as a potential contender for the 2024 White House, has taken aim at China with recent orders. Earlier this month, she gave the state's Investment Council a week to review its $19 billion portfolio for ties to China, arguing that all companies in the country are tied to its...