| From Lcbackerblog: The Chinese Sovereign Wealth Fund has emerged at the end of last year as a powerful force in private markets. A review of its activities during the last six months suggests the way in which state policy, political objectives for economic activity can be harmoniously mixed with profit maximization to deepen a new form of investing that is neither entirely private (as conventionally understood) or wholly public.
The Chinese efforts to coordinate sovereign investing present a potentially substantial advance in the integration of programs of sovereign investing, public policy, and private markets....................Full Article: Source
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