| 26.04.2011 - China just armed its sovereign wealth fund with $200 bln in fresh cash |
| China's sovereign wealth fund, China Investment Corp, is about to be armed with as much as $200 billion in additional cash by the country's treasury. The previous size of the fund was $332.4 billion, according to the SWF Institute. The goal of the fund is to take some of China's foreign reserves and invest them abroad, thus diversifying the country's holdings..............................................Full Article: Source |