Sat, Nov 1, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Market, Reserve Currencies

It’s not if, but when, China owns the world

Posted on 25 May 2011

The China Investment Corporation was set up in 2007 to invest some of the $US3 trillion in foreign exchange reserves accumulated through trade surpluses - fuelled in part, critics would say, by an artificially depressed exchange rate.
It is the world’s fourth largest sovereign wealth fund but is growing fast as the Chinese government pursues its twin goals of securing raw materials and energy, and reducing its holdings of US treasury bonds, which Beijing no longer sees as future proof……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15073 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930