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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment

U.S. restrictions make investments unattractive for China fund

Posted on 08 December 2008

From IHT: China Investment Corp., the country’s $200 billion sovereign wealth fund, is unwilling to bail out troubled U.S. financial firms because of unfair restrictions on its investment, a deputy general manager of the fund said.

“On the one hand, the U.S. needs us; on the other hand, they’re suspicious toward us,” the official, Wang Jianxi, said…. Full Article: Source


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