The Waning Ambitions of China’s $1.3 Trillion Fund Giant
- Posted on June 25, 2025
- By Google News
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The Waning Ambitions of China’s $1.3 Trillion Fund Giant
China’s $1.3 trillion sovereign wealth fund spent years as one of the most sought-after investors in the world. It owned massive stakes in Blackstone Inc. and Morgan Stanley, struck deals with Goldman Sachs Group Inc. and plowed tens of billions of dollars into funds across Wall Street.
