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Chinese fund is looking for investment opportunities in Russia
24.05.2011 12:10
Chinese fund is looking for investment opportunities in Russia

Chinese sovereign fund China Investment Corp (CIC), which is allowed to invest in foreign assets, considers to invest in Russian assets.
      According to China Investment Corp chairman Lou Jiwei, Russia has big development potential given its vast market and rich resources, that's why CIC wants to invest in Russia. He said, that Chinese fund will probably invest in Russian securities, stocks and bonds, commodities, real estate and infrastructure to diversify all possible risks.
      "CIC sees two channels for possible investments in Russia: either through Russia's direct investment fund, or through a new round of privatization in the country", according to Market Watch.
Author: Ksenia Dzhalagonia


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