Hello Solosinger, in addition to what Alan wrote, a „pledged investment“ can have a second meaning: It is an investment that is backed by sufficient assets. Let us say you want to invest some money and because you don’t have enough of it, you get a loan by a bank. The bank asks you about our assets that you can pledge for this investment. So in the case your investment is a failure and therefore you cannot pay back the loan, the bank will get your assets instead the money from the loan. If you don’t have enough assets to get a loan, it is possible that someone else offers them as the insurance for the loan that you invest. This is also a pledged investment. (I don’t know about Chinese banking, what I wrote above is valid for western banking only.) Regards, Tommy

Pledged ==supported by government

I don't think this is really a term on its own, it sounds like part of a sentence. Do you have the whole sentence? Sometimes context is needed. Pledged means promised, so it sounds like it could be part of a phrase such as "China pledged investment in Electronics last year", where someone or something promised to invest money in the past.