QIA Eyeing Chinese Retail Market
Posted on 11/10/2023
Qatar Investment Authority (QIA) is looking into Chinese retail and healthcare sectors. Technology is also an interest for Qatar. Abdulla Al-Kuwari, Head of Qatar Investment Authority Advisory Asia Pacific made the announcement. Public and private companies are under consideration. The move is thought to help diversify the economy away from oil. Only 13 deals have been made this year, but that is up from only 1 last year, showing a rapid increase year over year. At the same time, Chinese managers for hedge funds and mutual funds have set their sights on raising money in the Middle East.