Saturday, 00:02, 06/03/2021
Ambassador Nguyen Hai Bang, Permanent Representative of Vietnam to ASEAN, attended the 22nd meeting of the ASEAN-China Joint Cooperation Committee (ACJCC) via videoconference on March 5.
At the online meeting (Photo: VNA)
Speaking in his capacity as Chair of the Initiative for ASEAN Integration (IAI) Task Force, Bang welcomed China’s active participation in projects within the IAI framework.
He suggested it continue supporting the IAI Work Plan IV with new and practical projects in the five strategic areas of food and agriculture, trade facilitation, micro, small, and medium-sized enterprises, education, and healthcare.
The Chinese side hailed its relationship with ASEAN as an outstanding model for Asia-Pacific cooperation, adding that it considers ASEAN a top priority in its neighbourhood diplomacy and supports the bloc in community building and the strengthening of its central role in the regional architecture.
By Reuters Staff
(Adds Goldman Sachs’ no comment)
BEIJING, March 4 (Reuters) - China’s $1 trillion sovereign wealth fund is scouting for long-term investment opportunities in the United States, an executive said, after a fund co-established with Goldman Sachs Group Inc raised $2.5 billion, half of the targeted amount.
The China-U.S. Industrial Cooperation Fund, launched in November 2017 on the sidelines of former U.S. President Donald Trump’s visit to Beijing, has completed two investments in the United States, China Investment Corp (CIC) Chief Strategy Officer Zhao Haiying told Reuters on Wednesday.
The fund was launched with the aim of reaping returns from helping the U.S. firms that it invests in to expand their market in China.
By Reuters Staff
3 Min Read
BEIJING (Reuters) - China’s $1 trillion sovereign wealth fund is scouting for long-term investment opportunities in the United States, an executive said, after a fund co-established with Goldman Sachs Group Inc raised $2.5 billion, half of the targeted amount.
The China-U.S. Industrial Cooperation Fund, launched in November 2017 on the sidelines of former U.S. President Donald Trump’s visit to Beijing, has completed two investments in the United States, China Investment Corp (CIC) Chief Strategy Officer Zhao Haiying told Reuters on Wednesday.
The fund was launched with the aim of reaping returns from helping the U.S. firms that it invests in to expand their market in China.
Read more about China s CIC eyes U.S. investment after fund with Goldman raised $2.5 bn on Business Standard. The fund was launched with the aim of reaping returns from helping the U.S. firms that it invests in to expand their market in China
BEIJING: China's $1 trillion sovereign wealth fund is scouting for long-term investment opportunities in the United States, an executive said, after a fund co-established with Goldman Sachs Group Inc raised $2.5 billion, half of the targeted amount.