日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

China Investment Corp gets injection of capital

Updated: 2012-02-14 09:23

(China Daily)

  Comments() Print Mail Large Medium  Small

BEIJING - China Investment Corp, the nation's sovereign wealth fund, has received a capital injection after it invested almost all of its cash in 2010, said Lou Jiwei, CIC chairman.

China Investment Corp gets injection of capital

 

In an interview at a Beijing forum on Monday, Lou declined to disclose the amount of the infusion. He said a Caixin Online report that said CIC received $50 billion was "inaccurate".

Almost all of the money in the fund was spent in 2010 as an improving world economy prompted a 10-percent gain in the MSCI World Index, which tracks more than 1,600 stocks, and CIC has been seeking capital from the government for a year.

The country's foreign-exchange reserves, managed by the central bank through the State Administration of Foreign Exchange, dropped for the first time in more than a decade in the fourth quarter.

China's reserves, the largest in the world, fell from $3.2 trillion on Sept 30 to $3.18 trillion on Dec 31 as foreign investment moderated, the trade surplus narrowed and Europe's debt troubles spurred sales of emerging-market assets in the quarter.

CIC received the new capital from the nation's central bank after the Chinese Lunar New Year holiday, which ended late last month, according to a Feb 10 Caixin report citing an unidentified source. The People's Bank of China will become a new shareholder in the fund, the report said.

According to Lou, European government bonds are not the best purchases for long-term investors such as CIC.

Instead, CIC will look to put money into infrastructure and real industrial projects, Lou added.

"For instance, the European bonds - like the government bonds of Italy and Spain - only central banks with certain responsibilities can invest, you know, for commercial investments, it's very difficult to make such investments for long-term investors like us," Lou said.

"Investment chances may lie in areas like infrastructure and industrial projects, and these projects can help economic recovery."

CIC recently bought a minority stake in the London water supplier Thames Water Utilities Ltd, an early sign that the attempts to drum up foreign investment in Britain's ailing economy may be paying dividends.

CIC was established in 2007 using $200 billion of capital from the Ministry of Finance, which borrowed reserves from the central bank through a bond sale. The fund posted an 11.7-percent return on its overseas investments in 2010, it said in its 2010 annual report.

Its cash and cash equivalents fell by 28 percentage points in 2010 to 4 percent of the fund's global portfolio, CIC said in its 2010 annual report.

Bloomberg News - Reuters

主站蜘蛛池模板: 九九热在线免费观看 | 日本天堂在线播放 | 国产婷婷色 | 日韩美女视频在线 | 亚洲午夜小视频 | 日韩综合在线视频 | 中文字幕色站 | 黄色免费观看网站 | 国产偷人 | 男人的天堂a在线 | 亚洲欧美日韩另类 | 久久亚洲综合 | 中文天堂在线资源 | 国产精品久久久91 | 精品九九九九 | 免费爱爱视频 | 四虎综合| 成人免费看片 | 国产在线日韩 | 成年人看的免费视频 | 日韩影视一区 | 欧美在线激情视频 | 国产成人免费观看视频 | 成年人免费视频观看 | 亚洲自拍偷拍第一页 | 青青青免费在线视频 | 中文字幕国产在线观看 | 日韩精品免费一区二区夜夜嗨 | 黑人巨大精品欧美 | 国产精品亚洲天堂 | 91ts人妖另类精品系列 | 国产成人精品一区二区三区网站观看 | a√天堂网 | 观看免费av| 开心激情综合 | 色婷婷国产精品综合在线观看 | 亚洲免费观看 | 亚洲视频免费观看 | 91香蕉视频网| 337p粉嫩大胆色噜噜噜 | 日骚b|