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Sovereign Wealth Funds Briefing - Categorized | Investment

Harper looking for China investment in Canadian mines

Posted on 03 December 2009

From Bloomberg: Vancouver-based Teck sold a 17 percent stake to China’s $200 billion sovereign wealth fund for C$1.74 billion in July to reduce debt.
Teck’s partnership with China’s fund will increases sales of coal, copper and zinc and provide financing for future acquisitions, Lindsay said in the Nov. 30 interview in New York……………………………Full Article: Source

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