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Danish pension fund blacklists China

Human rights violations cause Akademikerpension to exclude the Chinese State

Photo: PR/MP Pension

Akademikerpension, formerly known as MP Pension, will no longer own assets in state-owned Chinese companies or Chinese state bonds, Danish news daily Politiken writes.

This is a direct consequence of the human rights violations in Hongkong and Xinjiang.

"We've kept an eye on them for a long time, and it's only going in one direction, and that's worse and worse," Munch Holst says.

Akademikerpension now starts divesting assets worth around DKK 400m (EUR 54m).

English Translation: Nielsine Nielsen

(This article was provided by our sister media, FinansWatch)

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