Archive for the ‘government financial backing’ Category

China Waging Capitalist Warfare

July 8, 2007

By William Hawkins
The Washington Times
July 8, 2007 

China’s government took the first official step June 27 to inject $200 billion into a new sovereign company that will buy equity assets abroad….

What will distinguish this Chinese fund is not just its size but that it will be a government entity. As its agents scout the world for lucrative investments, it will act to draw private enterprises into government control.

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