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Sovereign Wealth Funds Briefing - Categorized | Market

France Calls CIC Unwelcome Investor

Posted on 27 May 2010

From WSJ: The French government told China Investment Corp. it wasn’t a welcome investor in a French company, the head of the Chinese sovereign wealth fund said Wednesday.
“We were told we were not welcome” when CIC made an approach to a French company, President and Chief Investment Officer Gao Xinqing said on the sidelines of the annual forum of the Organization for Economic Cooperation and Development in Paris……………………………………….Full Article: Source


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