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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

In Potash battle, Chinese players weigh bid

Posted on 27 August 2010

From Theglobeandmail.com: China Investment Corp. (CIC), the country’s sovereign wealth fund, is also a possible bidder, but sources say it would most likely play a supporting role. CIC is focused on investments that offer high returns, rather than those that carry strategic importance for China.
China’s interest is driven not only by a need to feed its growing population, but also its discomfort with the idea of BHP controlling a large chunk of the potash market……………………………………….Full Article: Source


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