| 04.05.2010 - Chinese companies seek out bigger slice of American assets pie |
| From Chinapost.com.tw: Last year, Chinese direct investment in the U.S. touched US$6.4 billion. “The main explanation for the increase in 2009 is China Investment Corp deciding it was a good time to buy cheap financial and property assets,” said Scissors, referring to China's sovereign wealth fund. The fund accounted for 91 percent of the investments in Scissors's estimate, which counts only deals valued at US$100 million and above.............................................Full Article: Source |