| 25.09.2009 - CIC ramps up position in commodities |
| From Shanghaidaily.com: China Investment Corp has bought US$1.9 billion of debt from Indonesia's PT Bumi Resources to ramp up its position in the commodities sector. Bumi said it will use the funds for debt restructuring and capital spending. Jakarta-based Bumi is Indonesia's largest producer and one of the world's biggest exporters of thermal coal.....................Full Article: Source |