Government house: China & Europe
China’s premier Li Keqiang attended the fifth meeting of the heads of government of Central and Eastern European countries in Riga, Latvia, and took that opportunity to launch Sino-CEE Financial Holdings, Reuters reported. The company is set to manage a €10bn ($11bn) investment fund that will focus initially on businesses in Central and Eastern Europe. Backed by the government, it is also being supported by insurance provider China Life Insurance and conglomerate Fosun, though their precise involvement remains unclear.
The…
