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Sovereign Wealth Funds Briefing - Categorized | Market

Chinese firms ‘play fair’ in global deals

Posted on 24 September 2013

Mainland firms have honest objectives in their efforts to acquire overseas assets, the head of one of China’s biggest investment banks said, but political suspicions remain the biggest barrier to getting deals done.
“When China wants to invest overseas in oil and gas, do we have no political objectives? Of course we have, because we want to have safe, guaranteed supply of energy,” said China International Capital Corp chairman Jin Liqun, who was formerly head of the supervisory board of China Investment Corp, the mainland’s sovereign wealth fund………………………………..Full Article: Source


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