| 07.12.2011 - China's new foray westward for deals |
| China's sovereign wealth fund, China Investment Corp., tried a similar approach to CDB by taking stakes in Morgan Stanley and Blackstone. However, US suspicions have lingered despite CIC's efforts to prove itself a good corporate citizen. Kurt Bjorklund, Permira's co-managing partner, says Chinese investors are becoming more sophisticated. "Chinese firms are learning how to address commercial and political sensitivities," he said...............................................Full Article: Source |