The Qatar World Cup in the Middle East is in full swing, and Chinese commercial elements can be seen everywhere in the World Cup. Kuwait Investment Authority in the same region recently disclosed the amount of investment in China, which has increased nearly 50 times in 15 years! [Strong]
Founded in London in 1953, the Kuwait Investment Commission was the world's first sovereign wealth fund and was transformed into the Kuwait Investment Authority (KIA) in 1982. KIA's AUM has shown a steady upward trend, from US$265 billion in 2008 to US$693 billion in 2021. The period of substantial asset growth also corresponds to the year of high global oil prices.
At the beginning of its establishment, KIA China Investment Project Group only invested in low-risk, low-yield domestic fixed income assets, and gradually increased the proportion of equity assets to form a more active and diversified investment style.
Capital all over the world understands that the world either chooses the old American empire to invest, but if it wants to have excess returns, it has to invest in the emerging market Greater China. Foreign monks chant [Wangchai]
