The Shanghai Automotive Industry Fund, a joint venture between the China Machinery Industry Federation and the Jiading district government in Shanghai, aims to raise Yuan 30bn (US$4.6bn), launching operations with a first-phase investment of Yuan 5bn. It hopes to close its first deals in August although the Financial Times (FT), reporting Subscribe to Automotive World … Continued
The Shanghai Automotive Industry Fund, a joint venture between the China Machinery Industry Federation and the Jiading district government in Shanghai, aims to raise Yuan 30bn (US$4.6bn), launching operations with a first-phase investment of Yuan 5bn.
It hopes to close its first deals in August although the Financial Times (FT), reporting
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https://www.automotiveworld.com/articles/88358-china-new-auto-investment-fund-aims-to-raise-us-4-6bn/
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