8chan/8kun QResearch Posts (5)
#11749453 at 2020-11-23 12:20:07 (UTC+1)
Q Research General #14997: Dodge This Edition
>>11749034
Representative Jim Banks (R., Ind.) sent a letter to California Governor Gavin Newsom on Wednesday urging the firing of California's public pension chief investment officer due to his participation in Beijing's "Thousand Talents Program."
Yu Ben Meng - a U.S. citizen who emigrated from China at 25 to attend the University of California, Davis - assumed his role as CIO of California Public Employees' Retirement System (CalPERS) in January 2019, after first working there in 2008. CaIPERS is the largest public pension fund in the country, with over $360 billion in assets.
Wonder what influence Meng had working for Cal Pers in 2008 before their 2012 investment in Carlyle? He then returns as Cal Pers CIO in 2018.
https://www.nationalreview.com/news/jim-banks-urges-firing-of-californias-public-pension-head-over-ties-to-chinas-thousand-talents-program/
#9087767 at 2020-05-09 02:18:15 (UTC+1)
Q Research General #11632: Dig Dig Dig Edition
>>9087756
Look at Betty Yee CalPERS and China ties:
Based on articles, Betty Yee's trip may be related to her association with CalPERS investment, Climate Action 100+, and China celebrating 70th anniversary. However, no articles specifically mentions an October 2019 trip to China.
CalPERS is Heavily Invested in Chinese Companies
As NBA frets over PRoC, Yu Ben Meng bets big with dollars from America's largest pension fund
(California Globe Oct 10 2019)
https://californiaglobe.com/world-news/calpers-is-heavily-invested-in-chinese-companies/
On October 1st, 2019, the People's Republic of China celebrated its 70th anniversary. The centerpiece of their festivities was a massive military parade down the streets of Beijing, and the centerpiece of that parade was China's newest intercontinental ballistic missile, the Dongfeng-41. This missile travels at a speed of Mach 25, carries multiple nuclear warheads, and can reach the United States in under 30 minutes.
California's public employees should know that their retirement funds have invested in companies controlled by the Chinese military, which manufacture parts for the DF-41 missile, along with a range of aircraft, unmanned aircraft systems, and airborne weapons.
For that matter, these pension funds not only invest in Chinese companies (and index funds, tracked by mutual funds, that are heavily weighted with Chinese companies) directly involved in manufacturing military equipment and surveillance equipment, they also invest in Chinese companies involved directly or indirectly in human rights, labor rights, and environmental protection violations all over the world.
California's largest public employee pension fund, CalPERS, provides a case in point. Despite its quest for the elusive 7 percent annual return, CalPERS nonetheless foregoes investments in Iran, Sudan, assault rifles, tobacco products, and thermal coal. Yet CalPERS continues to invest in Chinese companies.
A review of what is still the most recent report on CalPERS investments, dated 6/30/2018, reveals there is no summary wherein international investments are subtotaled by country. A keyword search under "China" turns up 172 companies, partnerships, etc., nearly all of which (by virtue of their name) are probably based in China, with a total market value of $3.1 billion. This is obviously understating the total, since, for example, one of the listed companies, "Bank of Chongqing Co Ltd," is almost certainly a Chinese company, but along with many others, is not within that total.
(continue in link, 4 page article)
Recent articles deal with CalPERS CIO Meng and his China connections, and neglect investigating actions or trips by Betty Yee.
U.S. lawmaker calls for ouster of CalPERS CIO over China ties: letter
(reuters Feb 12 2020)
https://www.reuters.com/article/us-usa-china-calpers-idUSKBN206310
U.S. 'looking at' CalPERS holdings in Chinese defense firms: top White House official
(reuters March 11 2020)
https://www.reuters.com/article/us-usa-china-calpers-idUSKBN20Y2GS
#8168543 at 2020-02-18 02:06:57 (UTC+1)
Q Research General #10457: NOBODY WALKS AWAY FROM THIS Edition
CA public pension, CalPERS, invested $3.1 Billion in 172 Chinese companies, many actually blacklisted by the US government.
The fund Chief investment officer Yu Ben Meng was recruited by the Chinese Communist Party through the Thousand Talents Program.
https://twitter.com/rising_serpent/status/1229583855671238656
#8128957 at 2020-02-14 00:19:16 (UTC+1)
Q Research General #10406: Human Trafficking And CP Arrests Edition
>>8128883
I appreciate the effort Rep. Banks, but Newsom is a lot more corrupt than Yu Ben Meng.
#8128883 at 2020-02-14 00:11:14 (UTC+1)
Q Research General #10406: Human Trafficking And CP Arrests Edition
WASHINGTON-Gov. Gavin Newsom should immediately fire California Public Employees Retirement System (CalPERS) Chief Investment Officer Yu Ben Meng because of his "long and cozy relationship with the Chinese Communist Party (CCP), according to Rep. Jim Banks (R-Ind.).
https://www.theepochtimes.com/congressman-calls-for-firing-of-calpers-cio-for-his-deep-china-links-and-investments_3237659.html