Goldman Sachs used Chinese government money to buy Western firms – FT  ...News

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The bank invested the funds in US and UK companies despite trade tensions between Washington and Beijing, the outlet reports  US investment bank Goldman Sachs set up a fund with Chinese state money to acquire a number of American and British companies, including one providing cybersecurity services for the UK government, the Financial Times reported on Wednesday, citing people with direct knowledge of the fund’s operations.    Despite increased tensions between Beijing and Washington, Goldman has inked seven deals using money from a $2.5 billion private equity “partnership fund” that the investment bank created wi

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