- China Business Blog - http://www.chinabusinessservices.com -

Seeing More ODI From CIC

As we reported on Twitter…It’s busy at CIC these days: RT @caijingonline: CIC to Invest US$ 6 Bln with Fund Managers… http://t.caijing.com.cn/fpSymg [1]10:09 AM Jun 19th from TweetDeck

Overseas Direct Investment [2] is active in China as the recession brings down prices and offers expansion opportunities overseas. China’s sovereign wealth fund, CIC [3], is on the prowl again (having recovered from earlier burnt fingers). See also:

– CIC has been evaluating for a year already RT @China_Daily: Wealth fund to invest in hedge funds http://tinyurl.com/lsnlb2 [4] 7:28 AM Jun 18th from TweetDeck

– CIC in loan with options – RT @China_Daily: CIC confirms financing deal with Goodman Group http://tinyurl.com/mqlvdp [5]8:08 AM Jun 17th from TweetDeck

– Oil ODI: Sinopec Is in Talks to Buy Addax http://bit.ly/wV7c4 [6] 10:27 AM Jun 15th from TweetDeck