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Sovereign Wealth Funds Briefing - Categorized | Investment, Performance

China’s investment in UK will be ‘explosive’

Posted on 04 January 2013

Executives of China Investment Corp, a $410 billion sovereign wealth fund, have repeatedly said that the company will seek infrastructure deals in the UK. They agreed to buy a 10 percent stake in Heathrow Airport in October.
This follows closely on the fund picking up a stake in Thames Water last year. “We could say the UK is the most open market worldwide, especially in the infrastructure sector, and this means huge business for China,” said Zhou Xiaoming, minister counselor of the Chinese embassy in the UK……………………………………….Full Article: Source


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