| China will most likely aim for viable and solid investments in Europe as a way to help the debt-ridden continent, analysts in Europe and China said. But they said these would occur not because of China's large foreign exchange reserves, nor due to some moral obligation. Rather, they will be purely business decisions.
In November, Lou Jiwei, the head of China Investment Corporation (CIC), China's sovereign wealth fund, said that CIC is keen to get involved in boosting infrastructure investment in the West, starting with the United Kingdom. "We at CIC believe that such an investment, guided by commercial principles, offers the chance of a 'win-win' solution for all," Lou said...............................................Full Article: Source
|