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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China sovereign fund to invest more in neighboring countries

Posted on 12 November 2012

China’s sovereign wealth fund will invest more in neighboring markets to buffer the impact of sluggish world economy, Europe’s debt crisis and the US fiscal cliff, said chairman of the China Investment Corporation (CIC) on Saturday.
Infrastructure will be the priority of CIC’s future investment to optimize its overseas portfolio, said Chairman Lou Jiwei, a delegate to the ongoing 18th National Congress of the Communist Party of China. He said the move goes along with the Party’s call to consolidate good relations with neighboring countries through deepened collaboration………………………………………..Full Article: Source


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