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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

China wealth fund: Greece is EU responsibility

Posted on 08 March 2010

From MarketWatch: China’s sovereign wealth fund said responsibility for any potential bailout of Greece should fall primarily on the European Union, marking the first official comments by the fund since reports in January that it was considering the purchase of Greek debt.
China Investment Corp. Executive Vice PresidentJesse Wang said helping Greece wasn’t within its main mission of chasing up sound financial returns, according to a report Friday by The Wall Street Journal. “Aiding Greece looks like a policy goal,” Wang was cited as saying in the report…………………………………………Full Article: Source


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