to buy stakes in strategically important industries combines two strengths of the West that China sorely lacks: the value of alliances and faith in the private sector.
Quad leaders Prime Minister Anthony Albanese, US President Joe Biden, Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi.and a client state in North Korea. Neither is a picture of economic dynamism. To compete with China, Western allies need to marshall all the financial resources at their disposal.Pressure on government budgets , domestic political considerations and free market instincts mean the private sector can help meet these needs.
This is like the high school gossip girl equivalent of International economic news coverage..”look at my cool friends and urs just suck”..that fund has about the same investment power as a medium size Chinese private company looking to invest in mining projects here in Australia
Cringe. Candidate for worst Twitter take of all time.