| From Dow Jones: China welcomes Government of Singapore Investment Corp., the city state's sovereign wealth fund, to strengthen cooperation with its state-owned enterprises and participate in their restructuring, a Chinese official said in a statement Thursday.
The remarks, made in a meeting between a Chinese regulator and a GIC executive, likely indicate that China would welcome investment in its state-owned companies by GIC, which manages Singapore's foreign exchange reserves and is one of the world's largest sovereign wealth funds..............................................Full Article: Source |