Written Question·Treasury·UIN 50720
Financial Institutions and Pension Funds: China
Tabled: 7 May 2025
Answered: 16 May 2025
Question
Dr Neil Shastri-Hurst
Conservative — Solihull West and Shirley
To ask the Chancellor of the Exchequer, what recent estimate she has made of the UK’s exposure to Chinese (a) sovereign debt and (b) state-backed entities through (i) public pension funds and (ii) financial institutions.
Answer
Emma ReynoldsSeven of the eight largest Public Service Pension Schemes (PSPSs) are unfunded, which means that they do not hold or invest assets against their pension liabilities and instead the Exchequer pays pensions as they come due. The largest funded PSPS is the L...
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