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Sovereign Wealth Funds Briefing - Categorized | Trends

China’s wealth fund says developed markets drive recovery

Posted on 14 January 2014

China Investment Corp., the country’s $575 billion sovereign wealth fund, favors European infrastructure and real estate as developed markets will drive the next phase of the global economic recovery.
“Europe has a lot of potential,” CIC Chairman Ding Xuedong said yesterday at a conference in Hong Kong. “It is turning from negative to positive so there should be a lot of investment opportunities.”……………………………………….Full Article: Source


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