| Europe, with its chronic debt problems and sluggish growth, is fast becoming the sick man of the world economy. And the latest prescription to cure its ailments comes from one of its former patients - China. Lou Jiwei, as chairman and chief investment officer of the China Investment Corporation, manages the $400 billion mountain of money that is the country's main sovereign wealth fund.
Lou recently offered his diagnosis and cure for the eurozone's illness in an article that he penned for the Caijing magazine, an influential Chinese-language financial publication..............................................Full Article: Source |