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Future Fund sells stakes in Chinese firms linked to military, rights abuses

Andrew Tillett
Andrew TillettForeign affairs, defence correspondent

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Australia’s $223 billion sovereign wealth fund has divested its stakes in a slew of Chinese companies identified by an opposition audit as high risk because of their ties to the People’s Liberation Army or alleged human rights abuses.

Among the companies that the Future Fund has sold its shares in are LONGi and Jiangsu GoodWe, which are major players in solar energy generation, and Tsingtao Brewery, which sources hops from Xinjiang province, home of the persecuted Uyghur ethnic minority.

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Andrew Tillett writes on politics, foreign affairs, defence and security from the Canberra press gallery. Connect with Andrew on Facebook and Twitter. Email Andrew at andrew.tillett@afr.com

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    Original URL: https://www.afr.com/politics/federal/future-fund-sells-stakes-in-chinese-firms-linked-to-military-rights-abuses-20240530-p5jhxy