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Sovereign Wealth Funds Briefing - Categorized | Investment, People

CIC’s Gao: Still seeking new Europe investments

Posted on 10 May 2012

China Investment Corp. is still looking for new investments in Europe, although it is no longer buying European government debt in view of the region’s debt crisis, Bloomberg News reported Wednesday, citing CIC President Gao Xiqing.
“What is happening in Europe right now is of course of concern,” Gao said in an interview during the World Economic Forum on Africa in Addis Abba, Ethiopia. “We still have our people looking at opportunities in Europe, even though we don’t want to buy any government bonds.”……………………………………….Full Article: Source


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