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Sovereign Wealth Funds Briefing - Categorized | Investment, Market, Research

China’s investment in Canada: a short story

Posted on 07 July 2009

From CBC: When China Investment Corp. invested $1.7 billion in Teck Resources stock in July, it looked like another step in the Chinese government’s much-discussed strategic plan to buy resources while they’re cheap.

China has reserves of billions, perhaps trillions, of U.S. dollars, accumulated by its massive exports of manufactured goods to the West. It also has a growing need for raw materials to feed those factories………Full Article: Source


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