Jul
11
China’s $800 Billion Sovereign Wealth Fund Seeks More U.S. Access
ByBEIJING — China’s sovereign wealth fund is looking at big bets in America. But the $800 billion investment behemoth said on Tuesday it faced an obstacle: the United States government.
The fund, the China Investment Corporation, urged American authorities to allow better access to the market, at a time when Chinese deals are facing more scrutiny.
“We hope that the U.S. government will provide us with a more liberal, equal and nondiscriminatory investment environment,” said Liu Fangyu, the fund’s managing director and head of public relations and international cooperation…
China’s $800 Billion Sovereign Wealth Fund Seeks More U.S. Access
