Various Chinese state-held companies and funds are negotiating possibly investing up to US$10 billion in the initial public offering of Saudi oil giant Aramco, which is desperate to see large investors secure the success of the world’s largest listing ever, Bloomberg reported on Wednesday, citing people familiar with the talks. The Silk Road Fund— created in 2014 to invest internationally and boost China’s influence around the world via the Belt and Road Initiative—Chinese state-controlled oil giant Sinopec, and China Investment Corporation (CIC)—the country’s sovereign wealth fund, have held talks about potentially investing in what would be the world’s largest IPO when the world’s largest oil company goes public , Bloomberg’s sources said. The final decision and commitments from each Chinese firm will depend on China’s government, the sources added. A large Chinese investment in the giant Saudi oil firm would strengthen the ties between the world’s top oil exporter […]