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Latin Times
Latin Times
Politics
Pedro Camacho

Greg Abbott Orders Texas Agencies 'Divest' From China in Response to 'Looming Threat'

Governor Greg Abbott (Credit: Photo by Alex Wong/Getty Images)

Texas governor Greg Abbott took to social media on Thursday to publish a letter directed at state agencies, ordering them to "divest" from investments tied to China, citing security concerns posed by the Chinese Communist Party (CCP). The announcement emphasizes the priority of safeguarding Texas's financial and public security.

"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 investments in China," reads the letter from Abbott, who just last week signed an executive order targeting China's "Operation Fox Hunt," a Chinese government initiative which has reportedly resulted in the intimidation and forced repatriation of pro-democracy Chinese activists living abroad

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