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Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

Cash-rich Chinese to pump billions into Irish economy

Posted on 29 March 2012

The doors were opened for cash-rich Chinese investors to pump billions into our economy. In a huge vote of confidence, one of the world’s richest investment funds signed a special agreement with the NTMA — the agency which manages the national savings and sale of state assets.
The fund, known as China Investment Corporation (CIC), is looking at investing massive sums in companies and assets, sparking hopes of a real revival and more jobs………………………………………..Full Article: Source

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