| Lou Jiwei, chairman and chief executive of the China Investment Corporation, a $374 billion sovereign wealth fund that is managed independently of the foreign exchange reserves, has also tried to dispel speculation that it might buy a lot of European bonds.
He suggested a week ago that his fund might invest in roads, bridges and other infrastructure projects in Europe, part of a broader Chinese interest in fixed assets, rather than helping countries finance their budget deficits...............................................Full Article: Source
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