05.03.2010 - CIC sees low risk of sovereign crisis
From Businessspectator.com.au: China Investment Corp (CIC), the country's $US300 billion sovereign wealth fund has played down the chances of the fiscal problems of some European countries turning into a full-fledged crisis. "In my personal view, the fiscal deficit of these countries is a little bit too high, but the possibility that it could develop into a major risk or a crisis is very small," Jesse Wang, CIC's executive vice president and chief risk officer, told reporters............................................Full Article: Source
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