06.08.2013 - China calls on international investors for infrastructure push
China has issued an invitation for international investors to get involved in building its capital’s future through the construction of its infrastructure. China Securities Regulatory Commission announced that the combined investment quota of Qualified Foreign Institutional Investors (QFII) had been raised to $150 billion—from a tiny initial amount in 2002. Some 229 overseas investors have already been granted the QFII status, including SWF. For its part, China’s largest sovereign wealth fund, the China Investment Corporation (CIC), is undergoing its own restructure. The CIC has increased its level of foreign investment and looked further outside its borders for targets..............................................Full Article: Source
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