| Chinese money has been pouring into the domestic stock market, with investors net purchasing 1.9 trillion won ($1.86 billion) in shares this year to surpass the United States as the No. 1 foreign country investing in Korea. Capital inflow from China comes in three ways: its sovereign wealth fund, the social security fund and QDIIs.
Among sovereign wealth funds worldwide, China’s are growing fast with three in the top 10: China Investment Corporation (CIC) in fourth place at $652.7 billion, the State Administration of Foreign Exchange (SAFE) fifth at $567.6 billion and the National Social Security Fund (NSSF) ninth at $201.6 billion. About 40 percent of CIC’s funds is in stocks...............................................Full Article: Source
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