19.08.2010 - China looks to invest in UAE
From Thenational.ae: Local markets are to receive a boost from Chinese investors. “There are limits on the Chinese investors that can invest abroad – the pension funds, the China Investment Corporation and the banks, which can create mutual funds that invest in certain markets, although I very much doubt they would be targeted at the Middle East,” said Ben Simpfendorfer, the chief Asia economist for Royal Bank of Scotland. Growing economic links between China and the Middle East are likely to result in a number of significant investments, according to analysts..............................................Full Article: Source
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