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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China wealth fund may buy into Russia

Posted on 23 May 2011

China’s sovereign wealth fund sees great development potential in Russia, with its vast market and ample resources, and is willing to invest in the country, Xinhua News Agency reported Monday, citing China Investment Corp. Chairman Lou Jiwei.
CIC sees two channels for possible investments in Russia: either through Russia’s direct investment fund, or through a new round of privatization in the country, the report cited Lou as saying, adding he sees many investment opportunities as the Russian government is actively adjusting the country’s economic structure……………………………………….Full Article: Source


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