Wed, Oct 22, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

UK ‘welcomes’ Chinese capital

Posted on 06 November 2012

The British Ambassador to China told an audience in Beijing on Friday that his government continues to welcome investment from China.The comments came just 24 hours after it was revealed that China Investment Corporation, the sovereign wealth fund, had increased its investment in the infrastructure of the UK by spending 450 million pounds ($726 million) on a 10 percent stake in the company that owns London Heathrow Airport, the country’s largest airport.
It was the second major investment made by CIC this year in the UK infrastructure sector, after the manager of China’s $410 billion wealth fund took an 8.86 percent stake in Thames Water, the largest water and sewage company in the UK, in January - a deal considered by analysts at the time as the fund’s first major share purchase in the UK………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14997 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031