QIA plans China investments

Qatar’s sovereign wealth fund (SWF), the Qatar Investment Authority (QIA), is considering investing in several sectors within China.

In comments made at a conference in Beijing, Abdulla Al-Kuwari, head of QIA’s Asia-Pacific advisory unit, referenced the retail, healthcare, tech and logistics sectors.

Al-Kuwari also said that the investment opportunities could include both public and private companies.

The QIA is not alone among Middle East SWFs when it comes to investment in China. In contrast to the increased caution among US and European investors, there is an apparent appetite for investment.

In June, the chief executive of the Hong Kong Stock Exchange predicted that SWFs in the Middle East would invest between US$ 1 and 2 trillion by 2030.

According to data from the London Stock Exchange, buyers based in the Middle East have announced 13 acquisitions of Chinese companies so far this year, as opposed to just one at the same time last year.

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