Saudi Arabia's $1Tn Wealth Fund Opens Shanghai Office As China Ties Deepen

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Source: Zero Hedge
Published: 2026-05-08 12:35 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, China, Business & Economy, Asia Pacific
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Snippet:
Saudi Arabia’s Public Investment Fund (PIF) opened a second office in mainland China earlier this year, establishing a Shanghai branch to expand dealmaking and attract more Chinese investment into the kingdom, Bloomberg reports.
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