| Chinese sovereign wealth fund China Investment Corporation (CIC) [CIC.UL] is eyeing investments in Europe's biggest economy, its chief investment officer has told a German business paper. "We are looking at a variety of objects," Li Keping, who also serves as CIC's vice chairman and president, told Handelsblatt in an interview, excerpts of which were published on Sunday.
He said the fund, which manages about $750 billion of China's foreign exchange reserves, was particularly interested in firms involved in 'Industrie 4.0', a German government initiative backed by lobby groups in engineering, electronics and high-tech to address issues such as worker skills, data transfer standards and data security...............................................Full Article: Source
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