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Sovereign Wealth Funds Briefing - Categorized | Financials, Market, People, Research

China sovereign fund official confident in euro

Posted on 27 June 2011

Laurence LauChina’s purchase of euros will be a long-term strategy and will not swing on short-term problems, the Hong Kong head of China’s $300 billion sovereign wealth fund said on Sunday.
“There is noting to be worried about. The euro will not fall apart,” Laurence Lau, chaiman of the Hong Kong office of China Investment Corp, told reporters on the sidelines of a forum in Beijing………………………………………..Full Article: Source

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