China Wealth Money Acquires Stake in Mediobanca
Posted on 10/22/2014
Building on stronger Italian-Chinese economic relations, during the October 14th meeting of Italian Prime Minister Matteo Renz and Chinese Premier Li Keqiang, the People’s Bank of China acquired a 2.001% share in Mediobanca S.p.A, an Italian investment bank. This was through SAFE Investment Company, part of China’s State Administration of Foreign Exchange (rolls up to […]
