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Sovereign Wealth Funds Briefing - Categorized | Investment

CIC likely to invest in US high speed trains

Posted on 14 January 2010

From Chinadaily.com.cn: China’s sovereign wealth fund China Investment Corporation (CIC) is now considering investing in US high speed trains, Shanghai Securities News reported.

A source was quoted as saying that CIC made big profit last year due to the global economic recovery and rebounding of the financial market, so the company hopes to expand its business in 2010…………………………………..Full Article: Source


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