05.02.2010 - China's financial system: Red mist
From Economist.com: Take the China Investment Corporation (CIC), Chinaís sovereign-wealth fund, which was founded in 2007. For fund managers and companies in search of money, CICís chief investment officer, Gao Xiqing, has become highly sought-after. But just how much autonomy Mr Gao has is uncertain. CICís chief executive, Lou Jiwei, told a conference in Hong Kong on January 20th that two things would improve his organisation: more freedom from foreign authorities to make investments, which would doubtless be fostered by his second wish, more freedom to manage itself......................................Full Article: Source
Print