China’s $800 Billion Sovereign Wealth Fund Seeks More U.S. Access
- 7 years ago
China’s $800 Billion Sovereign Wealth Fund Seeks More U.S. Access
In January, Ding Xuedong, the fund’s chairman at the time, said it wanted to invest in American real estate, infrastructure
and technology, according to The Paper, a state-funded Chinese news website.
Li Weiwei, a director of the fund’s public relations, said on Tuesday
that it had invested in several office buildings and logistics businesses in the United States, though she said she could not provide a “detailed answer” on the projects.
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.
In January, Ding Xuedong, the fund’s chairman at the time, said it wanted to invest in American real estate, infrastructure
and technology, according to The Paper, a state-funded Chinese news website.
Li Weiwei, a director of the fund’s public relations, said on Tuesday
that it had invested in several office buildings and logistics businesses in the United States, though she said she could not provide a “detailed answer” on the projects.
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.