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HONG KONG, Jan 16 Reuters China Asset Management Company, the country39;s secondlargest fund manager, plans to launch funds in the U.S. and Brazil this year, its chief executive said, betting on a revival of investor interest in Chinese markets.

The state majorityowned fund manager is seeking a partner in the U.S. to roll out funds catering to American retail investors despite the likelihood of increasing tensions between Washington and Beijing, said CEO Li Yimei.

China Asset Management ChinaAMC, which manages 350 billion, is also awaiting Beijing39;s approval to launch a crosslisting exchangetraded fund ETF in Brazil, she said, adding the planned launches would be the first of their kind in both countries.

If the mountain will not come to us, then we will go to the mountain, Li said in an interview this week.

The moves overseas illustrate Chinese fund managers39; efforts to expand their investor pool to draw back global participants who pared their exposure to China in the past two years on concerns over its slowing economy.

While it39;s almost certain there will be more challenges and frictions between the U.S. and China as Donald Trump returns to the White House, Chinese assets may rebound as Beijing will provide sufficient economic stimulus to counter their impact.

I believe they…