South Dakota sells China stocks in state's investment portfolio

Noem sends call for Congressional action, change in Vanguard stock fund

Dec 21, 2022

∙ Paid

The arm of the Legislature that handles South Dakota’s public investments has begun divesting itself from Chinese companies in its stock portfolio.

But the state likely remains invested in the communist country due to emerging market funds the South Dakota Investment Council (SDIC) is heavily invested in.

NEWS: Gov. Noem gives South Dakota Investment Council a week to review $20B in assets

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