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Sovereign Wealth Funds Briefing - Categorized | Investment, Reserve Currencies

China sets out on a new shopping spree

Posted on 25 February 2010

From WSJ: China has a $2.4 trillion headache: its foreign reserves. That surplus capital is now beginning to manifest itself in a new wave of investment outside China. In addition to high-profile investments by China’s giant sovereign wealth fund, state-owned and private Chinese companies are finding it easier to obtain capital for foreign forays, investing both in new projects and in existing businesses.
Much of the focus has been on securing access to natural resources, but technology and market access are increasingly becoming priorities…………………………………..Full Article: Source


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