29.11.2011 - CIC eyes European assets as debt crisis bites
China is preparing to buy up plum assets in Europe, the commerce minister said on Monday, as the escalating debt crisis leaves countries in the region increasingly vulnerable to the deep pockets of Chinese firms. The fastest-growing major economy in the world is keen to invest in infrastructure in Western Europe, particularly in Britain, Lou Jiwei, the head of $400 billion China Investment Corp (CIC) said...............................................Full Article: Source
Print