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Sovereign Wealth Funds Briefing - Categorized | Investment

China’s foreign investment soar

Posted on 10 September 2013

Leading the charge are private companies, with the sovereign wealth fund the China Investment Corporation not far behind, using part of the government’s huge foreign exchange reserves. It recently acquired a 10 percent stake in London’s Heathrow Airport for 450 million pounds (534 million euros).
Beijing has encouraged Chinese companies to “go international” with the result that foreign investment have risen from the equivalent of 52 billion euros in 2010 to 66.5 billion last year………………………………………..Full Article: Source


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