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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

British trade minister returns to China with new mission

Posted on 28 July 2009

From Telegraph: China’s enormous sovereign wealth funds have invested heavily in UK-listed companies and continue to invest; last week, China Investment Corporation took a 1pc share in Diageo for £221m.

However, there seems little desire among Chinese companies to expand operations into Britain. The Government boasts that China is now one of Britain’s top 10 foreign investors, but Chinese companies created a mere 607 jobs in the UK last year………..Full Article: Source


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