| 25.09.2009 - China's CIC may launch domestic rare earth company |
| From Reuters: China's sovereign wealth fund, fresh from a series of investments in the global commodities sector, may launch its own domestic rare earth firm, a banking source and newspaper report said on Thursday. China Investment Corp (CIC) could do so through Jianyin Investment, its wholly-owned domestic industrial investment arm, said the source, who is familiar with CIC. The $298 billion sovereign wealth fund's primary focus is on foreign investments.....................Full Article: Source |