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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Why and how China invests in Britain’s creaking infrastructure

Posted on 30 November 2011

When the average person looks at our creaking railway network and pot-hole-ridden roads, they see an irksome hindrance to their trip home from work. But China Investment Corporation – the sovereign wealth fund of the People’s Republic – sees dollar signs.
CIC chairman Lou Jiwei has been nattering with Chancellor George Osborne and the pair cooked up a bright idea to kick-start badly needed infrastructure upgrades. The idea is that Britain gets the much-needed financial impetus to get projects off the ground, while the Chinese investment vehicle takes a slice of the equity and profits………………………………………..Full Article: Source


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