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Middle East sovereign wealth funds spent $2.3bln in China in 2023

Middle East sovereign wealth funds (SWF) accelerated the flow of capital into China in 2023, spending about $2.3 billion last year, according to figures released by the Hong Kong Monetary Authority (HKMA). The number represented a significant increase from the $100 million spent in 2022, according to HKMA’s external executive…

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