China and EU confirm first investment through joint fund

The announcement was made at this week’s EU-China summit in Beijing.

China and the European Union have this week signed a memorandum of understanding confirming the first co-investment under the China-EU Co-Investment Fund that was launched in 2017.

The fund is a joint venture between the EU-backed European Investment Fund (EIF) and China’s Silk Road Fund.

See more from this Government Report: European Investment Fund, People's Republic of China

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