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Sovereign Wealth Funds Briefing - Categorized | Research, Reserve Currencies

Chinese reserves: Boiling over again?

Posted on 16 July 2009

From Rgemonitor.com: Given the increase in China’s reserve holdings, perhaps it is no surprise the Chinese investment corporation (CIC) is again becoming active, restarting its investment program.
In recent weeks, the CIC announced plans to increase its stake in Morgan Stanley to avoid dilution, took a 17% stake in Canadian metals producer Teck Cominco, and announced a board of economic advisors. Further investments may follow as China continues to try to diversify its holdings……..Full Article: Source


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