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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, Market

China sovereign wealth fund stops buying Europe debt

Posted on 10 May 2012

GaoXiqingChina Investment Corp. has stopped buying European government debt because of an economic crisis on the continent, though it continues to look for new investments there, said CIC President Gao Xiqing.
“What is happening in Europe right now is of course of concern,” Gao said Wednesday in an interview in Addis Ababa, Ethiopia, during the World Economic Forum on Africa. “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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