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Sovereign Wealth Funds Briefing - Categorized | Trends

CIC chief bullish on China growth

Posted on 28 January 2013

China’s economy will grow at more than 8 percent this year, underpinning the global economy that is bound for a “mild, tortuous and slow” recovery in 2013, predicted Lou Jiwei, head of China’s sovereign wealth fund, on Saturday.
Demand has become a most-sought-after resource around the globe, and China’s economic growth makes up the lion’s share of global demand, as market demand in debt-laden Europe is lackluster and even shrinking, Lou, chairman of the China Investment Corp (CIC), said at an economic forum in Beijing………………………………………..Full Article: Source


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