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Sovereign Wealth Funds Briefing - Categorized | Market

China to Europe: Don’t expect a bailout from us

Posted on 26 September 2011

That was the message delivered by a number of Chinese officials during meetings at the International Monetary Fund, where China was widely seen as an answer to the euro zone’s problems, either as a purchaser of European debt or as a country that could further goose its economic growth rate.
“We can’t just go save someone,” said Gao Xiqing, president of China Investment Corp., China’s huge sovereign wealth fund. “We’re not saviors. We have to save ourselves,” he said………………………………………Full Article: Source

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