10.03.2014 - Taiwan sovereign fund would help asset revitalization
An SWF can give fresh impetus to the local economy and increase the nationís influence on the global economy and finance. There are quite a few examples of how an SWF can work to raise a nationís political and economic clout and boost national income. There are more than 30 such funds in the world today. Besides the more famous ones in Brunei, Kuwait, Norway and Singapore, mainland China in September 2007 used some of its foreign exchange reserves to set up China Investment Corp. France also set up an SWF in the wake of the 2008 financial crisis out of considerations of national economic security...............................................Full Article: Source
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