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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, Market

CIC eyes European assets as debt crisis bites

Posted on 29 November 2011

China is preparing to buy up plum assets in Europe, the commerce minister said on Monday, as the escalating debt crisis leaves countries in the region increasingly vulnerable to the deep pockets of Chinese firms.
The fastest-growing major economy in the world is keen to invest in infrastructure in Western Europe, particularly in Britain, Lou Jiwei, the head of $400 billion China Investment Corp (CIC) said………………………………………..Full Article: Source


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