3 d. ago Trump wants a sovereign wealth fund to compete with China. Big questions remain

The US Supreme Court lawsuit challenging President Donald Trump’s tariff war and the recent budget fight on Capitol Hill might have dragged down – if not sunk – one of Washington’s proposed tools to spearhead its strategic competition with China. Ten months after Trump’s executive order authorising the creation of the nation’s first-ever sovereign wealth fund (SWF), there are still few clues about how it can be funded, structured and managed, leaving a giant question mark on whether it could run...

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4 d. ago China’s currency push gains ground as Russia nears issuance of yuan bond

Russia is inching closer to its first yuan-denominated sovereign bond sale, aiding China’s push to raise the global standing of its currency. Russia’s Finance Ministry will start taking orders on December 2 for the two-part, domestically traded notes. The borrower was expected to market the new debt with a targeted coupon of 6.25 to 6.5 per cent for a 3.2-year tranche, the Interfax news agency reported, adding that the coupon for a 7.5-year portion would be capped at 7.5 per cent. Running a...

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7 d. ago China’s Sovereign Bond Traders on Watch for Fallout From Vanke

China’s Sovereign Bond Traders on Watch for Fallout From Vanke  Bloomberg.com

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3 w. ago China’s sovereign fund sidelines executives amid worries over US scrutiny

China’s flagship sovereign wealth fund has moved three of its managing directors to new, subordinate roles, sources told the Post, with the heads of the fund’s fixed income, private equity and public relations departments all taking new non-managerial positions. All have extensive overseas work experience, and none have reached the statutory retirement age. More reorganising could be on the horizon at China Investment Corporation (CIC), the sources said on condition of anonymity, including those...

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3 w. ago Exclusive | China’s sovereign fund sidelines executives amid worries over US scrutiny

Exclusive | China’s sovereign fund sidelines executives amid worries over US scrutiny  South China Morning Post

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4 w. ago China to Sell Up to €4 Billion Sovereign Bonds Later This Month

China to Sell Up to €4 Billion Sovereign Bonds Later This Month  Bloomberg.com

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