| From Forbes: According to Foreign Affairs, China’s sovereign wealth fund, the China Investment Corporation, also appears poised to increase its purchases of U.S. equities. CIC was established in 2007 to channel a portion of China’s foreign exchange reserves toward higher-yielding investments.
Today, its assets have grown to about $300 billion, but so far, only half of the $110 billion reportedly allocated to overseas investments has been spent. Another government-sponsored investment vehicle, China’s National Council for Social Security Fund, is also poised to accelerate its equity investments in the United States............................................Full Article: Source
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