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Sovereign Wealth Funds Briefing - Categorized | Market

China’s CIC says hot money pressuring emerging markets

Posted on 21 January 2010

From Reuters: The head of sovereign wealth fund China Investment Corp (CIC) said capital flows into emerging markets were adding pressure on governments but said it was still keen to invest more in Asia and Latin America.

“At present, global liquidity is a little bit excessive,” CIC Chariman Lou Jiwei said at the Asia Financial Forum in Hong Kong on Wednesday……………………………….Full Article: Source

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