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.