18.06.2012 - 'China' fund raises stakes in Japan firms: report
OD05 Omnibus, an investment fund widely believed to be a Chinese government investment vehicle, has been increasing its stakes in Japanese companies including Toyota and Honda. The report, which highlights growing China-Japan economic ties, comes after China's sovereign wealth fund China Investment Corporation (CIC) reportedly said it will no longer buy European government debt. CIC chairman Lou Jiwei told the Wall Street Journal this month that the giant fund has scaled back its holdings of stocks and bonds in Europe, saying "there is a risk that the euro zone may fall apart and that risk is rising."..............................................Full Article: Source
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