West Virginia is moving away from Chinese investments in the West Virginia College and Jumpstart Savings Programs' SMART529 Select Plan...
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(The Center Square) – West Virginia Treasurer Riley Moore announced the West Virginia College and Jumpstart Savings Program will make the market investment option in its plan free of investments in China-based companies. The college savings plan has $667 million under management with around $40 million of the SMART529 Plan currently invested in emerging markets, which include China. The decision came after a lengthy study that began in late 2021 of the impact of investments in Chinese companies. ...
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