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Index provider is putting more weight on China, raising controversy

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An investor watches the electronic board at a stock exchange hall on Feb. 11, 2019 in China.

Visual China Group | Getty Images

One of the largest indexers in the world is set to announce a new round of increases in the weighting of mainland China stocks, and the addition is generating an unusual amount of controversy.

U.S. Sen. Marco Rubio of Florida doesn’t want the pension assets of federal employees supporting companies that may work against U.S. interests.

“In the case of federal employees, imagine the leverage the Chinese have if a significant amount of the retirement of service men and women in uniform and federal employees is invested in companies listed on Chinese exchanges that are…



Source cnbc.com

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