Norway ready to take on China challenge

Sovereign wealth fund chief says he plans to increase A-share exposure, reports Bloomberg.

Once a year, the man running the world's biggest sovereign wealth fund travels around China for a week.

Though assets from the country make up only about 1.5 percent of the $860 billion Norwegian wealth fund's portfolio, Yngve Slyngstad, its chief executive officer, said almost all investment decisions are affected by what happens in China.