Inevitability and Necessity to Develop SWFs in China

Jing Xiang, Susheng Wang, Zhaokun Kong, Wenhu Li

Abstract


Sovereign Wealth Funds (SWFs) refer to the funds set up by government to manage and operate sovereign wealth. It has important significances for China and global financial system and it also restricts American financial hegemony, which is analyzed in details in this essay. In China, there are huge foreign exchange reserves whose return should be increased in the manner of SWFs. Therefore, it’s obviously both inevitable and necessary for China to develop SWFs.

Full Text: PDF DOI: 10.5539/ijbm.v4n4p82

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International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

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