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The Different Types of Sovereign Wealth Funds in China
The title of the book is not Sovereign Wealth Funds, how the Communist Party of China finances its global ambitions, it's sovereign funds. But can you talk a bit about why an SLF is a better description from an SWF? And I think the question for us laypeople is, who cares what the middle letter is if we're thinking of these primarily as state capacity to mobilize capital for policy purposes?