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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China energy firms eyeing Canadian oil

Posted on 27 May 2011

China has become a major investor in the world’s second largest oil reserve in western Canada, spending over $13 billion in the last 18 months, senior officials from the Canadian province of Alberta said.
China Investment Corp, the nation’s $300 billion sovereign wealth fund, plans to move a managing director to Canada to bolster investment bids for natural resource assets, a company official who requested anonymity said……………………………………….Full Article: Source


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