20.06.2012 - China invests in emerging markets instead of U.S |
Chinese Investment Corporation has announced that it will be moving some of its invested funds out of the U.S. and into emerging markets. This is because China’s long-term view on the state of the U.S. economy has changed for the worse. “The sustainability of the U.S. economy is built on foreign investments; fresh money coming into the nation continuing its growth path. Once we lose the interest of other nations in investing in the U.S. economy, we lose our edge.” (Press Release) |