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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Top Chinese fund sees investment potential in Russia

Posted on 24 May 2011

Chinese companies can find rich investment opportunities in Russia through its planned direct investment fund and a new round of privatization, says China Investment Corporation chairman Lou Jiwei. Lou told Xinhua that Russia is a big market, with competitive economic sectors and development potential.
Lou said the CIC, a sovereign wealth fund responsible for managing part of China’s foreign exchange reserves, is willing to invest in Russia……………………………………….Full Article: Source


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