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Tag Archives: BRIC
If you can forego a chunk of liquidity then the BRIC’s successors will be at the Frontier of your investment horizon.
Premier Wen Jiabao’s announced asset disposals, project transfers and equity stake private sector sales to help deal with Beijing’s local government debt problem. While there is a lot of pent-up demand from international investors for infrastructure asset ownership in the world’s No. 2 economy, complex government ownership structures and powerful state-owned enterprise interests will make this anything but straight-forward. This analysis in from Reuters’ China Business Unit. Continue reading