China's first government-backed private equity (PE) fund, Bohai Industrial Investment Fund Management Co, is vying for a minority stake in Chengdu City Commercial Bank Co to gain a foothold in the country's banking sector. The nation's p ... ...full story at People's Daily
from People's Daily on Tue, Nov 20 2007
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China buys Blackstone stake »
YouTube video The Chinese government is to pay $3bn (�1.5bn) for a 10% stake in US private equity firm Blackstone. |
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