| From Basilandspice.com: China Spends $115 Billion On Foreign Acquisitions, $4B In Afghanistan. In September the China Investment Corporation paid nearly $1 billion to buy an 11% stake in a Kazakhstan oil and gas company, and $850 million for a Hong Kong commodity trading house.
China has also bought stakes in foreign banks, utilities, and semiconductor companies, and invested $4 billion in Afghanistan's largest infrastructure project - the Aynak copper mine lying idle since 1979.......................Full Article: Source
|