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Sovereign Wealth Funds Briefing - Categorized | Investment

UK sees huge potential for investment by China

Posted on 15 November 2010

From Brecorder.com: There is massive potential to increase Chinese investment in Britain, the head of Britain’s trade promotion agency said on Friday after Prime Minister David Cameron led a high-powered British business mission to China. Britain wanted to persuade China’s $300 billion sovereign wealth fund, China Investment Corp, to invest in Britain and it was important that Chinese companies listed on the London Stock Exchange.
Andrew Cahn, chief executive of UK Trade & Investment, also voiced concern in an interview with Reuters about the potential impact on British trade of the economic crisis in Ireland, a major market for Britain and a big investment partner……………………………………….Full Article: Source


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