The secretive $700 billion investment fund has set its sights on tourism, job creation, private equity and, now, golf.
Category: Foreign Investments
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PGA Tour-LIV Golf Deal Bolsters Saudi Arabia’s Global Ambitions
An agreement to merge LIV Golf with the PGA Tour is the latest step in the kingdom’s push to become a global force beyond oil.
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Venture Capital Giant Sequoia Spins Off China and India Units
The Silicon Valley firm said that the split would simplify its business. The move comes amid rising tensions between the United States and China over technology investment and development.
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New World Bank President Ajay Banga Leads at a Pivotal Moment
The incoming president will be under pressure to juggle the global institution’s ambitions to combat climate change and fight poverty.
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New World Bank President Ajay Banga Leads at a Pivotal Moment
The incoming president will be under pressure to juggle the global institution’s ambitions to combat climate change and fight poverty.
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U.S. Solar Makers Criticize Biden’s Tax Credits as Too Lax on China
U.S.-based manufacturers of solar products say rules issued by the Biden administration on Friday will “cement China’s dominance” over the solar industry
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In China, the Police Came for the Consultants. Now the C.E.O.s Are Alarmed.
Foreign businesses, a top Chinese official said in March, “are not foreigners, but family.” Then came a crackdown on firms with foreign ties.
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Even as China Reopens, Security Visits Spook Foreign Businesses
Fears are growing that the Communist Party’s increasing focus on control over information about markets and companies is behind the questioning of firms.
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Ajay Banga Confirmed as World Bank Leader
Mr. Banga’s appointment to a five-year term was confirmed on Wednesday by the World Bank.
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Pressure Mounts on China to Offer Debt Relief to Poor Countries Facing Default
There was optimism at the spring meetings of the I.M.F. and World Bank that China will make concessions over restructuring its loans.
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China’s Car Buyers Have Fallen Out of Love With Foreign Brands
Domestic companies are now selling more vehicles than their multinational rivals, which have failed to keep up with Chinese consumers’ demand for electric cars and S.U.V.s.