China to launch a private equity fund

Monday, 26/09/2016 | 07:38 GMT

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China

China will be launching a private equity fund, worth 350 billion yuan, in an attempt to support the state-owned firms for restructuring purposes, a news agency reported today.

China on restructuring while New Zealand's TB weakens

New Zealand

New Zealand's trade balance decelerated from -433M to -1,265M and did not match the economists' and the analysts' estimations for a drop to -766M.

Singapore

Singapore's industrial production escalated from -3.5% to 0.1% and failed to meet the analysts' predictions for appreciation to 0.6%.

Malaysia

Malaysia's rate of unemployment climbed from 3.4% to 3.5% and did not meet the economists' and the analysts' predictions for stabilization at 3.4%.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/china-to-launch-a-private-equity-fund

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