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Sovereign Wealth Funds Briefing - Categorized | Investment

China fund says not cutting Europe investments

Posted on 27 May 2010

From Reuters: China’s sovereign wealth fund will not cut its investments in Europe despite the fall in the euro, but will closely monitor how the continent tackles currency and regulation issues, the fund’s head said on Wednesday.
“We will keep our allocation in Europe,” China Investment Corporation president and chief investment officer Gao Xiqing said at a the Organisation for Economic Co-operation and Development (OECD) 2010 Forum in Paris……………………………………….Full Article: Source


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