Mon, Aug 21, 2017
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Market

China’s ’state capitalism’ sparks a global backlash

Posted on 16 November 2010

From WSJ: China’s sovereign-wealth fund bought 20% of GCL-Poly for $710 million. Today, China makes about a quarter of the world’s polysilicon and controls roughly half the global market for finished solar-power equipment.
Western anger with China has focused on Beijing’s cheap-currency policy; President Obama blasted the practice at the G-20 summit in Seoul last weekend. Mr. Zhu’s sprint to the top points to a deeper issue: China’s national economic strategy is detailed and multifaceted, and it is challenging the U.S. and other powers on a number of fronts……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
August 2017
M T W T F S S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031