This state is Texas. On November 21, just as Americans concluded their once-every-four-years presidential election and were preparing for the next political transition, Texas Governor Greg Abbott issued an order. He instructed all state agencies to cease investments in China and swiftly withdraw any capital tied to the country, aiming to protect Texans from the influence of the Chinese Communist Party.
In his letter, Governor Greg Abbott bluntly pointed out that the Chinese Communist Party's aggressive actions in the Southeast Pacific region have already caused instability and financial risks for investments. As a result, all public sector investments in China require more careful evaluation. Abbott emphasized that Texas must protect its public finances from any potential threats, including those posed by China.
