Western over-regulation will drive investment to Asia: CIC

Jan 16, 2013

The sovereign wealth fund’s executive VP, Jesse Wang, labels proposed US and UK regulatory change “anti-globalisation” and challenges Hong Kong to step into the breach.

Western over-regulation will drive investment to Asia: CIC

The deputy head of China’s $400 billion sovereign wealth fund CIC has ridiculed UK and US regulatory change and challenged Hong Kong to step into the breach as a global financial hub.

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