China-US companies' deals signed during Trump's visit to China
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Finance:
Goldman Sachs Group CEO Lloyd Blankfein (C) signs business agreements with Chinese counterparts during a ceremony witnessed by Chinese President Xi Jinping and US President Donald Trump at the Great Hall of the People in Beijing, Nov 9, 2017. [Photo/VCG] |
China's sovereign wealth fund, China Investment Corp, and Goldman Sachs agreed to set up a joint fund to invest in US firms which already have or are planning business operations in China. The fund plans to raise $5 billion.
China's Silk Road Fund and General Electric have established a joint energy infrastructure investment platform to co-invest in countries and regions involved in the Belt and Road Initiative.