Wednesday, August 26, 2009

China’s Sovereign wealth fund to increase overseas investment

Thu, Aug 27 2009, 00:28 GMT
http://www.forexlive.com

According to a report over Reuters, the Chinese Investment Corporation, which manages about USD$200 billion of China's foreign reserves, will increase it's overseas investment by as much as 10-fold this year, as it sees the global economy recovering.

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