Qatar’s sovereign wealth fund is reportedly on the brink of securing a significant foothold in China’s robust mutual fund market, signaling deeper economic ties between the Middle East and China. What Happened: The Qatar Investment Authority (QIA) is set to acquire a 10% stake in China Asset Management Co. (ChinaAMC), which ranks as China’s second-largest mutual fund company, Reuters reported on Tuesday. This move underscores the growing economic connections between China and the Middle East against a backdrop of increasing global tensions. The investment is part of a larger push to bolster po…
