ICYMI – China pulls again from U.S. non-public fairness

ICYMI, the Monetary Instances carried a report on the vacation Monday, briefly:

• China’s state-backed funds are pulling again from investing within the funds of U.S.-headquartered non-public capital companies amid an escalating commerce conflict between the world’s two greatest economies

The FT is gated, however in abstract:

• Chinese language state-backed funds have stopped making new investments in U.S. non-public fairness for the reason that begin of the commerce conflict
• a part of a broader strategic monetary decoupling from the U.S.
• China Funding Company (CIC) is among the many state-backed funds which are pulling again

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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