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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Investment, Trends

China offers Europe a helping hand - but then wags a finger

Posted on 16 September 2011

China’s sovereign wealth fund, China Investment Corporation, has been in talks with Italy but is more interested in buying key industrial and strategic assets.
CIC’s chief, Lou Jiwei, came under harsh attack in China for losses on US investments after the Lehman crisis. He is unlikely to risk his career a second time by taking a gamble on Italian or Spanish debt……………………………………….Full Article: Source


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