Greater Presence for China’s SAFE in U.S.
Posted on 05/22/2013
Embracing a risk-on perspective, a miniscule but growing portion of China’s foreign currency reserves are being allocated toward illiquid assets. China’s State Administration of Foreign Exchange (SAFE) has created subsidiaries to invest reserve assets in a variety of investments including public equity, private equity and real estate. SAFE has opened up a New York office…
