https://www.breitbart.com/economics/2018/09/19/largest-u-s-public-pension-fund-looks-to-hand-control-over-to-chinese-official/
The California Public Employees’ Retirement System, better known as
CALPERS, has offered the job of chief investment officer to Ben Meng,
the Wall Street Journal reported Wednesday. Meng is an official of
China’s State Administration of Foreign Exchange, its foreign exchange
regulator.
The State Administration of Foreign Exchange is the agency that
oversees China’s foreign currency reserves and was central to its
currency manipulation schemes, according to people familiar with the
matter.
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