First, it was the Japanese. Moneymen from Tokyo blew into the United States to buy famous pieces of the American landscape, from Rockefeller Center in New York to the Pebble Beach Golf Links in California.
Showing posts with label China’s financial system. Show all posts
Showing posts with label China’s financial system. Show all posts
Friday, June 28, 2013
Wednesday, February 8, 2012
China’s ‘Sunshine’ Trusts Avoid Global Hedge-Fund Malaise to Triple Assets
Wealthy Chinese investors are turning to “sunshine” private trusts, the prototypes of hedge funds in the communist nation, as the property market cools, stocks slump and bank-deposit rates fail to match inflation.
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