29.10.2009 - CIC head warns of asset price bubble
From Yahoo Finance: China's sovereign wealth fund has invested about half its $110bn of available capital in overseas stocks, mining, energy and real estate, earning returns that have been "not bad" so far, the head of the fund said on Wednesday. But Lou Jiwei, chairman of China Investment Corp, warned that a "small bubble" had formed in global asset prices and said that the fund was focused on investments in commodity-related assets and real estate as a hedge against inflation and currency depreciation............................Full Article: Source