Warburg Pincus said on Thursday the
Chinese city of Yixing has signed an agreement to invest in its
first yuan-denominated fund. The U.S. private equity firm said the yuan fund, with.
Exclusive-China to launch new $40 billion state fund to boost chip industry, sources say By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
Exclusive: China to launch $40 billion state fund to boost chip industry reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
China is set to
launch a new state-backed investment fund that aims to raise
about $40 billion for its semiconductor sector, two people
familiar with the matter said, as the country ramps up.