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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Spain reaches out to China on government debt

Posted on 02 September 2010

From WSJ: Spain hopes China will increase its investment in Spanish government debt, Prime Minister José Luis Rodríguez Zapatero said. The State Administration of Foreign Exchange, which manages the reserves, and China Investment Corp., the nearly three-year-old fund set up to manage a $200 billion chunk of the reserves more aggressively, are both constantly approached by foreign companies soliciting investments.
Zapatero made the comments in a group interview with Chinese media Tuesday, during a brief stop in Beijing after visiting the World Expo in Shanghai……………………………………….Full Article: Source


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