China’s CIC Said to Back Investcorp’s $800 Million Mideast Fund

Gunnar Larson g at xny.io
Fri Apr 5 05:42:20 PDT 2024


China’s CIC Said to Back Investcorp’s $800 Million Mideast Fund
https://www.bloomberg.com/news/articles/2024-04-05/china-s-cic-said-to-back-investcorp-s-800-million-mideast-fund


China’s sovereign wealth fund is in talks to back a roughly $800 million
investment vehicle that will take stakes in Middle East companies, the
latest sign of the growing trade ties between Gulf oil exporters and the
world’s second biggest economy.
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