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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

China approves new state-owned asset management firm

Posted on 02 March 2010

From China Knowledge: The State Council has approved the establishment of a new asset management firm in a bid to supervise the privatization of state-owned enterprises, the Economic Observer reported today.

According to the report, the newly-inaugurated asset management firm is expected to help China’s state-owned enterprises expedite restructuring and consolidation………………………………………Full Article: Source


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