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Sovereign Wealth Funds Briefing - Categorized | Market, People

China CIC manager: We can’t save Europe

Posted on 26 September 2011

China Investment Corp needs to ensure its own interests first and can’t save Europe, the sovereign wealth fund’s manager was quoted as saying at the weekend.
“As a company, our task is assigned by the government to maintain a certain profitability so we can’t simply go to Europe and save someone. We have to protect ourselves,” Gao Xiqing was quoted as saying by Caixin, a financial website……………………………………….Full Article: Source

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