03.03.2010 - How investors can shake hands (wisely) with China's government
From Theglobeandmail.com: China's sovereign wealth fund, China Investment Corp. (CIC), has filed a new stock holdings statement with the U.S. Securities & Exchange Commission, and a number of well-known U.S. companies are on the list. Coca-Cola, Johnson & Johnson, Citigroup, Bank of America, Apple - all these and several others are garnering CIC's interest. China has huge cash reserves and a lot of money to invest, giving it the ability to move markets to some degree. But that doesn't mean you should blindly follow CIC's stock picks - or anyone's stock picks, for that matter..............................................Full Article: Source
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