HONG KONG -- California State Teachers Retirement System (CalSTRS), the second-largest pension fund in the U.S., has been continuously decreasing its exposure to China, following several of its counterparts, amid exacerbating geopolitical tensions.
California pension system joins others globally in dumping Chinese assets

California State Teachers Retirement System is the largest educator-only pension fund in the world.
HONG KONG -- California State Teachers Retirement System (CalSTRS), the second-largest pension fund in the U.S., has been continuously decreasing its exposure to China, following several of its counterparts, amid exacerbating geopolitical tensions.