16.11.2011 - CIC’s Gao says harder to dump holdings as markets integrate
Gao Xiqing, president of China Investment Corp., the country’s sovereign wealth fund, said global markets are more integrated, making it harder to dump sovereign debt investments. The issue of a country’s financial security has also become “more complex,” Gao said at a forum in Hong Kong today. CIC needs to respect the target countries’ regulations, he said, adding that he observed subtle changes in the attitude toward Chinese investments from western governments when they needed help and when things improved............................................Full Article: Source
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