US bank and China Investment Corporation agree a co-investment partnership which will be announced during Trump's Beijing visit

Goldman Sachs and China's sovereign wealth fund are teaming up on a fund that is targeting as much as $5bn, 

write Chao Deng, Lingling Wei and Julie Steinberg for The Wall Street Journal

The US bank and China Investment Corporation have agreed a co-investment partnership to help the Chinese fund invest in US manufacturing and other sectors, according to people familiar with the matter.

Goldman and Chinese SWF to invest up to $5bn in US manufacturing

FN Staff

Goldman Sachs

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