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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Fund Profile/New Launches, Market

China revises its funds targets

Posted on 05 October 2009

From Theage.com.au: Lou Jiwei, the head of China’s sovereign wealth fund, is not a man known for his humility. Two weeks ago, he bought a small stake (by his standards) in a Singapore-listed, Hong Kong-based diversified commodities company.
After he “sealed” the deal he was told by an Australian bureaucrat that it could not proceed without Australian Government approval………………Full Article: Source


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