JAIC forms $45m joint venture in Shenyang
Japan Asia Investment Company (JAIC) will form a joint venture fund with Shenyang Wanrun New City Investment Management to make investments in Chinese and Japanese firms.
The fund, tentatively named Wanya (Shenyang) venture investment Fund, is expected to be launched in September with initial capital of RMB300 million ($45.6 million). In December last year, JAIC signed...
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