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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China’s Government invests in US companies through CIC

Posted on 28 May 2010

From Huliq.com: The Chinese Government has diversified its foreign exchange reserves with the help of China Investment Corporation (CIC) and has recently divested portions of its European Government Bonds into other reserve currencies and focuses on increasing its direct investments in US Companies.
Both Xinhua, the Government controlled Chinese newspaper, and SAFE, China’s State Administration of Foreign Exchange, have denied the rumors……………………………………….Full Article: Source


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