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China New Town and partners setting up 10 billion yuan fund
Published Wed, Jun 17, 2015 · 09:50 PM
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Singapore
CHINA New Town Development Company - through wholly owned subsidiary CDB New Town (Beijing) Asset Management Co Ltd - is partnering Bank of Communications Schroder Fund Management and China Development Bank Capital Corp (CDBC) to set up a 10 billion yuan fund (S$2.2 billion) for investment in quality urbanisation projects.
The CDB (Beijing)-BOCOMM New-Type Urbanizat…
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