SWFs expect China to win post-Covid economic Cold War
Increasing polarisation between East and West leaves China in the economic driving seat, according to a new IFSWF and Invesco report.
As tensions between China and the US are likely to dominate the post-coronavirus economic landscape, 60% of sovereign wealth funds believe that the Chinese economy will recover not just more quickly but also more fully than other major economies.
This is the conclusion of a new report – The rise of a bipolar world: sovereign wealth fund views on the global macro outlook – published on Tuesday (July 28) by the International Forum of Sovereign Wealth Funds (IFSWF) and investment man…
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