China Orient Asset Management Corporation, one of the four bad debt banks in China, plans to launch a US$1 billion joint venture fund to invest in distressed real estate assets in China. The joint venture fund, named China Orient Summit Capital, is 80% owned by China Orient Asset Management (International) Holding Limited (COAMCI), a wholly-owned […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Visit the original source and full text: China Money Network
Any news and links syndicated from other sources are copyright those respective websites and/or publications. We post brief synopsis and links per what the respective websites' RSS feeds provide.