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August 30, 2023
A Chinese Communication firm has raised 150 million from a Sovereign Wealth Fund in one of the Middle Eastern countries.
August 29, 2023
The deal makes Guodong the latest Chinese firm to tap the Middle East for new funding amid increased Sino-US geopolitical tensions.
August 29, 2023
Guodong Network Communication Group, a Chinese communications infrastructure and service provider, has raised $150 million from a Middle Eastern country's sovereign wealth fund, the deal's adviser China Renaissance said on Tuesday. The deal comes at a time when Chinese entrepreneurs and investors have sho