27.08.2009 - China wealth fund to boost investment 10-fold
From Forbes: China's sovereign wealth fund will increase new overseas investment this year by around 10 times from the previous year on signs the global economy has bottomed out, one of the organisation's top managers said in a newspaper interview. Gao Xiqing, president of China Investment Corporation (CIC), also said he was examining making new investment in Japanese companies and property on prospects of a recovery in the country's economy, according to the interview that ran on Thursday in Japan's daily Asahi newspaper...............Full Article: Source
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