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Sovereign Wealth Funds Briefing - Categorized | Trends

Shale Gas: China’s untapped resource

Posted on 14 June 2013

When I met recently with a senior investment officer from China Investment Corporation (CIC), the country’s sovereign wealth fund, I was told that CIC is very bullish on the United States. Why?
In CIC’s opinion, the existence of large shale gas reserves in the U.S. will provide a massive shot in the arm for the country’s large but mature economy — kind of a modern-day energy equivalent to the deus ex machina in Greek literature………………………………………..Full Article: Source


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