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Sovereign Wealth Funds Briefing - Categorized | Investment, Reserve Currencies

China considers leveraging its forex reserve to acquire overseas oil/gas assets

Posted on 18 February 2009

From Chinastakes.com: The Chinese government is considering allocating a part of its foreign exchange reserve to set up a special fund to support the overseas resource acquisition of Chinese petroleum companies.
It may also launch other policies to support loan interest discounts and higher fund injection ratios from the government….. Full Article: Source


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