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Chinese and American enterprises cooperate to set up private equity fund

Source: Internet
Author: User
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New York, April 12 (Xinhua Wu Yun) China Fosun Group and the United States Baode Letter Financial Group 11th in New York signed an agreement to establish a private equity fund to the Chinese and foreign enterprises associated with China to provide investment and financing management and consulting and other financial services. The total fund will eventually reach $600 million trillion, of which 100 million dollars are from Fosun Group, and the remaining 500 million dollars are provided by Baode Financial Group.

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