UAE sovereign wealth fund underscores China commitment

Beijing aims for closer economic ties with Middle East amid trade war with US

20250925 UAE China

United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan, left, and Chinese President Xi Jinping and shake hands in Beijing in 2024. © Reuters

LISA KIM

SINGAPORE -- Mubadala Investment Co., a United Arab Emirates (UAE) sovereign wealth fund, said it plans to increase exposure to Asia while emphasizing its commitment to China, illustrating another case of deepening ties between the Middle East and the world's second-largest economy.

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