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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

CIC defies Wall Street shorting hints, eyes overseas China-linked assets

Posted on 10 March 2010

From Chinastakes.com: In 2009, as the global financial market began to stabilize, China Investment Corporation (CIC), China’s sovereign wealth fund, sped up the pace of its overseas investment and realized a paper gain of more than $10 billion.

While some Wall Street investors are advancing shorting hints concerning a possible China bubble, CIC is considering increasing investment in assets influenced by China factors, Australian mining companies, for example………………………………………Full Article: Source


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