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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China’s CIC hunting for further investments in Italy

Posted on 01 October 2015

China is looking for fresh investment opportunities in Italy, the chief investment officer of the China Investment Corporation (CIC) sovereign fund told Reuters after meeting on Wednesday with Italy’s economy minister.
“We have invested in (Italian infrastructure fund) F2i … we are looking for other opportunities,” Li Keping, head of investments at CIC said on the sidelines of a sovereign wealth fund conference hosted in Milan by Italy’s strategic fund. Li declined to comment about a report in the Italian press saying CIC was ready to buy a stake in Italy’s post office which the government is privatising in a stock market listing next month………………………………………..Full Article: Source


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