Republican Texas Gov. Greg Abbott is demanding all agencies in the state halt investments in China and sell any current investments in the country as soon as possible.

The governor of Texas ordered state agencies to stop investing in China and sell assets there as soon as possible, citing financial and security risks, a sign of rising U.S.-China tensions starting to impact global capital flows.

In preparation for the legislative session that begins in January, Texas Gov. Greg Abbott issued several directives this week to combat threats posed by the People’s

The move follows a week of other executive orders aimed at the ruling Chinese Communist Party, including a crackdown on alleged espionage aimed at Texas’ infrastructure and institutions of higher education.

Texas Gov. Greg Abbott has directed all state agencies to divest from investments in China.

SINGAPORE (Reuters) - Republican Governor of Texas Greg Abbott ordered state agencies to cease investing state funds in China and sell at the first available opportunity, citing financial and security risks. "As Chinese aggression against the United States ...