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Is China's sovereign wealth fund really modeled after Temasek?
HOME > PAST ISSUE > COVER STORY [Premium content]July 2008
After months of rumors, news of a Chinese sovereign wealth fund was finally confirmed in March 2007. Making his address to the National People’s Congress, Finance Minister Jin Renqing said an agency would be formed to invest part of China’s growing stockpile of foreign currency reserves.
The announcement also confirmed another rumor making its rounds: That China would base its new agency on one run by the Singapore government.
“We will draw upon the successful ...
The announcement also confirmed another rumor making its rounds: That China would base its new agency on one run by the Singapore government.
“We will draw upon the successful ...
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