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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

China sovereign wealth fund official: Sees risks in U.S. dollar

Posted on 13 May 2011

Laurence Lau, head of the Hong Kong office of China Investment Corp has said “U.S. treasuries are safe investments, and the U.S. government will pay back its debts, there is little concern about that. But for the U.S. dollar, there is a bit risk of depreciation.”
Now I’ve copied what he said word for word. Did he actually say there is a bit of a risk of depreciation or is bit a typo and should actually read big. Maybe we’ll never know, or care very much for that matter……………………………………….Full Article: Source


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