in China, Trade Partnerships

ARC China: Middle East Meets China

In my previous post I detailed the linkage between China’s rise in economic stature and its positive implications for our region.  Well ARC China, a respected investment firm based in China concurs:

Middle Eastern sovereign wealth funds Qatar Investment Authority (QIA) and Kuwait Investment Authority (KIA) are poised to become the largest investors in the Hong Kong portion of the Agriculture Bank of China IPO next month after signing agreements to invest $2.8 billion and $800 million respectively. This is an important development as China’s largest lender by number of customers, the Agricultural Bank is seeking to raise as much as $15 billion for the Hong Kong portion of what may become the world’s largest IPO to date.

Its clear that this natural partnership will only grow and benefit regions.

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