Qatar Holding has bought into a unit of a Chinese state-backed investment fund as it boosts spending in the world’s second-largest economy. The company based in Doha bought new shares in Citic Capital amounting to a 22.2 stake in the asset manager, which is owned by China Investment Corporation. “Not only will Qatar Holding provide us with an enlarged capital base to fund our business expansion and investments, its significant backing will strengthen our brand positioning meaningfully,” said Yichen Zhang, the chief executive of Citic Capital, which manages about US$4.4 billion (Dh16.16bn) in assets. [...]