GIC eyes Chinese property assets, confident Beijing won’t let things ‘spiral out of control’

2021-12-16

December 17, 2021 1:39 PM

SINGAPORE (BLOOMBERG) – Singapore’s US$744 billion (S$1.01 trillion)sovereign wealth fund sees potential opportunities to do deals and buy debt in China’s battered real estate sector, confident Beijing won’t let things “spiral out of control” following several defaults.

Source : http://www.straitstimes.com/business/economy/gic-eyes-chinese-property-assets-confident-beijing-wont-let-things-spiral-out-of

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