| 13.08.2009 - China may marshal reserves to fund African dema |
| From Reuters: China's main sovereign wealth fund, CIC, held 90 percent of its funds in cash last year. Few things illustrate better Beijing's dilemma -- it doesn't want to lose money investing overseas in developed markets, but at the same time fears the consequences of sitting on its hands. So it's no surprise that Beijing is looking beyond Europe and the U.S. to emerging markets as a possible destination for China's surplus cash............Full Article: Source |