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Sovereign Wealth Funds Briefing - Categorized | Market, Reserve Currencies

For China, the euro is a safer bet than the dollar

Posted on 21 June 2012

Chinese purchases in Europe are likely to expand in the future as the debt crisis in some eurozone members provides investors with lucrative opportunities.
To this end, in March 2012 the Chinese government injected $30 billion into the China Investment Corporation (the Chinese sovereign wealth fund) to be used specifically for acquiring industrial and strategic assets in Europe………………………………………..Full Article: Source

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