A global index provider is putting more weight on China stocks, raising concerns from lawmakers
November 07, 2019 at 12:07 PM EST
MSCI later today will announce an increase in the weighting of mainland China in its MSCI Emerging Markets Index, a benchmark used by many global funds and ETFs. Sen. Marco Rubio has raised red flags about the move, saying the pension assets of federal workers should not be invested in companies that work against U.S. interests.