China registered a whooping 2,041 government guidance funds with a total fundraising size of RMB3.7 trillion (US$ 530 billion) as of October 2018, falling short of the targeted fund accumulation of RMB11.8 trillion (US$1.7 trillion), according to a report by China Center For Financial Research and financial advisory agency MyFP. The government-backed investment funds have experienced explosive […]

China’s 2,041 Government Guidance Funds Size Reaches $530B: Report appeared first on China Money Network.