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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China’s (secret) overseas network

Posted on 30 June 2010

From Frumforum.com: Consider that the Chinese Investment Corporation (CIC), formed in 2007, now has close to $2 billion invested in Canada (total Chinese investments are said to exceed $3.5 billion). CIC has some $300 billion in assets, and is said to hold $2 trillion of in U.S. currency reserves.
It’s almost a given that such an organization will actively protect what it has, will try to get more, and will wield influence wherever it can – including stealing, suborning, subverting, bribing, threatening……………………………………….Full Article: Source

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