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China’s $800 Billion Sovereign Wealth Fund Seeks More U.S. Access

2017-07-12 1 Dailymotion

China’s $800 Billion Sovereign Wealth Fund Seeks More U.S. Access<br />In January, Ding Xuedong, the fund’s chairman at the time, said it wanted to invest in American real estate, infrastructure<br />and technology, according to The Paper, a state-funded Chinese news website.<br />Li Weiwei, a director of the fund’s public relations, said on Tuesday<br />that it had invested in several office buildings and logistics businesses in the United States, though she said she could not provide a “detailed answer” on the projects.<br />The fund, the China Investment Corporation, urged American authorities to allow better<br />access to the market, at a time when Chinese deals are facing more scrutiny.<br />“We hope that the U. S. government will provide us with a more liberal, equal<br />and nondiscriminatory investment environment,” said Liu Fangyu, the fund’s managing director and head of public relations and international cooperation.

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