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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

How investors can shake hands (wisely) with China’s government

Posted on 03 March 2010

From Theglobeandmail.com: China’s sovereign wealth fund, China Investment Corp. (CIC), has filed a new stock holdings statement with the U.S. Securities & Exchange Commission, and a number of well-known U.S. companies are on the list. Coca-Cola, Johnson & Johnson, Citigroup, Bank of America, Apple - all these and several others are garnering CIC’s interest.

China has huge cash reserves and a lot of money to invest, giving it the ability to move markets to some degree. But that doesn’t mean you should blindly follow CIC’s stock picks - or anyone’s stock picks, for that matter……………………………………….Full Article: Source


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VRS - who has written 15635 posts on Opalesque Sovereign Wealth Funds Briefing.


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