India-dedicated fund launched by China
Nabanita Dutta
News Editor
Image Credit: Wikimedia Common
The Industrial and Commercial Bank of China has launched India-dedicated investment fund “ICBC Credit Suisse India Market Fund”, for the first time in China. According to the bank officials, the Indian market is presently one of the best-performing markets in the world and that has enhanced the profitability of it. The ongoing trade war between China and US has also pushed China to look for other lucrative markets.
