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Sovereign Wealth Funds Briefing - Categorized | Market

Kazakhstan shuns London for Hong Kong

Posted on 16 November 2010

From Telegraph: The State Bank of China and Eximbank lent $10bn to Kazakh sovereign wealth fund Samruk Kazyna during the depths of the financial crisis in 2008, allowing it to continue funding key projects.
Grigori Marchenko, the head of Kazakhstan’s National Bank, said Kazakhstan was considering further major infrastructure projects, which could also be funded by the Chinese. “If there are projects, there is definitely money in China which could be invested in Kazakhstan,” he said……………………………………….Full Article: Source

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