Sioux Falls, South Dakota, South Dakota (AP) — South Dakota Gov. Christy Nome said on Wednesday in a recent study of the state’s investment portfolio that while the state does not invest directly in China, it does invest in the economic power of Asia. It said it was found to be an investor in an emerging markets fund.
The Republican governor, seen as a front-runner for the 2024 White House, has targeted China with recent orders. It examined the China ties of its $100 million portfolio and argued that all companies in the country are tied to the Communist Party government. In her letter, released Wednesday, she called on Congress and Vanguard Group to support the state’s efforts to withdraw from China.