31.08.2009 - Feeling flush, China's CIC opens wallet
From WSJ: China's sovereign-wealth fund is anticipating a positive return on its investments this year and may ask the Chinese government for more capital to deploy, its chairman said. China Investment Corp. Chairman Lou Jiwei, speaking on the sidelines of an economics conference in Beijing on Saturday, said investment in CIC's global portfolio for "one month this year equaled that of the whole last year." He didn't clarify whether he was referring to a specific month or an average..............Full Article (Subscription Required) : Source
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