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Sovereign Wealth Funds Briefing - Categorized | People, Trends

China sovereign wealth fund in euro warning

Posted on 19 November 2012

The chairman of China’s $482bn (£303bn) sovereign wealth fund has warned that the eurozone’s current strategy to tackle the debt crisis is “leading us up a blind alley”.
Jin Liqun, chairman of the supervisory board of the China Investment Corporation, outlined risks that China’s economy faces, including the festering crisis in the eurozone. The current strategy is leading us up a blind alley,” Jin said of efforts so far by European policymakers to solve the crisis………………………………………..Full Article: Source


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