Roots of CIC investment strategy lie in US relationship

Shanghai - China's CDM market

The investment strategy of China's sovereign wealth fund is a derivative of the relationship between Beijing and Washington, and bears little correlation to elements of the Santiago Principles as a result, two academics have argued.

In a paper published on Friday, Gordon Clark and Ashby Monk, the academics behind the Oxford Sovereign Wealth Fund Project, posited that the geopolitics that underline the trading relationship between the US and China have in turn defined the investment strategy of

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