Chinese fund expands equity, bond investments

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CHINA - The National Social Security Fund (NSSF), a government safety net for China's badly underfunded pension schemes, plans to invest US$750m overseas by end March, in round two of its overseas bond and equity investments.

The investment will be made by converting some of the Renminbi cash it holds in China or by using some of the country's $1trn foreign exchange reserves, a ministry official indicated. The fund h...

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