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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China’s SWF in ‘no hurry to invest overseas’

Posted on 18 December 2008

From Chinadaily.com.cn: In the face of the global financial crisis, China Investment Corporation (CIC), the country’s sovereign fund, has no interest in an imminent overseas expansion, said Wang Jianxi, CIC deputy general manager.

Wang was quoted by China Business News that right now, in major developed countries around the world, risks are high and policy trends uncertain. Sovereign funds are also facing some special obstacles and are denied access to invest in such things as crude oils and strategic minerals….. Full Article: Source


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