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Sovereign Wealth Funds Briefing - Categorized | Investment, People, Trends

China won’t “poison the water”, investment chief tells EU, U.S.

Posted on 04 February 2013

The head of China’s sovereign wealth fund urged European and U.S. officials on Friday not to see Chinese investments as a threat to their national security interests, saying his country would not put money into “anything sensitive”. Jin Liqun, chairman of China Investment Corporation’s supervisory board, told a conference of politicians, security officials and diplomats in Munich that his fund thought it was “a very good time to invest in this part of the world”.
There is “no reason why we should be pessimistic about Europe,” he also told the conference, which included senior economic officials from the euro zone such as German Finance Minister Wolfgang Schaeuble. “But I hope you will be open. You should not be obsessed with so-called national security,” he said, speaking in English, in a panel debate…………………………………….Full Article: Source


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