09.08.2016 - Silk Road revival drives Chinese investment push
Beijing’s ambition of reviving trade along the ancient Silk Road is rapidly opening up new markets to Chinese investors looking for opportunities away from their slowing domestic economy. In Kazakhstan, where Chinese companies control about a quarter of the country’s oil production, China Investment Corporation, a sovereign wealth fund, led a group of minority investors in KMG EP, the exploration arm of state oil company KazMunaiGas, to boycott a proposed buyout that would have resulted in large capital losses for the Chinese fund...............................................Full Article: Source
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