02.04.2012 - Chinese will want savage deals on any buyouts
Anyone hoping that a Chinese "wall of money" will solve all of Ireland's economic problems is likely to be disappointed. Despite the agreement between the Chinese sovereign wealth fund CIC and the NTMA, our new friends from the east will drive a hard bargain before investing one red cent in this country. One of the highlights of Taoiseach Enda Kenny's trip to China was the signing of a memorandum of understanding between the CIC and the NTMA, which could see the Chinese sovereign wealth fund invest in Irish infrastructure and property assets...............................................Full Article: Source
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