Tuesday, July 6, 2010
China is considering stripping its $200bn sovereign wealth fund of the country’s banking stakes
Posted by Find Insurance Online at 5:49 PMIn a paper by Henny Sender [from Hong Kong], published on July 5th 2010 by the Financial Times, the author reveals that China is considering stripping its $200bn sovereign wealth fund of the country’s banking stakes, in a move that could free it of some restrictions when it invests in the US.-------------People familiar with the matter said that, under the proposal, China Investment Corporation
Labels: China
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