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CIC head warns of asset price bubble

China’s sovereign wealth fund has invested about half its $110bn in available capital in overseas stocks, mining, energy and real estate and has earned decent returns so far, according to the head of the fund ...full story at Financial Times

from Financial Times on Wed, Oct 28 2009

see also:

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18 Jun 08 visit Sovereign fund beneficial to investment, economy  »  People's Daily The sovereign wealth fund (SWF) is very beneficial to the development of global investment and the economy, Chinese Finance Minister Xie Xuren said on Tuesday. "The sovereign wealth fund is a very important part of the cycle of savi ...
30 Dec 08 visit Priming the Engine of China’s Real Estate Market  »  All Roads In China, real estate, stocks, and savings accounts are pretty much the only way for average citizens to build wealth, and over the last 12-18 months 2 of these (stocks and real estate) have taken a hammering. Initially, when stocks began coming off and...

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