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CHINESE WEALTH FUND CALLS FOR FAIR TREATMENT

The world's biggest sovereign wealth funds meeting in Sydney at the weekend said they should not be hindered by restrictive investment regimes and that their goodwill efforts to promote disclosure, investment motives and corporate governance had not been fully recognised.

Jin Liqun, supervisory board chairman of China Investment Corporation, said these funds deserved to be treated “fairly and not discriminated against” and added that the Chinese government does not interfere with its investment decisions.

“You can rest assured that China will remain open, but it will also hope other countries remain open too,” he said.

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