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Sen. Ricketts Introduces No China in Index Funds Act

Bailey Malota

WASHINGTON, June 25 -- Sen. Pete Ricketts, R-NE, has introduced the No China in Index Funds Act, aimed at prohibiting index funds from investing in companies based in China. This legislation seeks to limit U.S. investments in entities that are either controlled by the Chinese government or have significant operations within China, thereby addressing concerns over national security and economic dependencies.

The move comes amid rising tensions between the United States and China, par . . .

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