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Announced

Silk Road Fund to invest $3bn in The Indonesia Investment Authority.

Synopsis

Silk Road Fund, a state-owned investment fund of the Chinese government to foster increased investment in countries along the One Belt, One Road, agreed to invest $3bn in The Indonesia Investment Authority, the sovereign wealth fund of Indonesia. "We believe that investment in Indonesia and the region has high potential, especially when conducting it together with INA," Yanzhi Wang, SRF President.

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