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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Dubai World to withdraw investment in Qingdao

Posted on 10 August 2010

From China Knowledge: Dubai World has decided to withdraw investment from “Palm Island” property project in Qingdao, Shandong Province, said Wang Jianping, deputy director of the Qingdao Municipal Development and Reform Commission.
In earlier this year, rumors said that Dubai World may probably cancel its first China-located property plan, Wang confirmed the news on Aug. 4……………………………………….Full Article: Source

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