China sovereign wealth fund official warns on eurozone austerity

A top official with China's sovereign wealth fund has issued a blunt warning that the latest unrest across the eurozone shows austerity has stretched the public's tolerance "to breaking point".

China sovereign fund takes 10 percent of Heathrow

MADRID (Reuters) - An arm of China's sovereign wealth fund has taken a 10 percent stake in the holding company controlling Britain's largest airport Heathrow, Spanish infrastructure company Ferrovial said on Wednesday.

World stocks slightly lower amid gloom

AMSTERDAM (AP) — World stock markets declined Tuesday against a backdrop of worries about global economic growth and Europe's debt crisis.

China has cut holdings of European assets: Report

SHANGHAI: China's sovereign wealth fund has cut its European assets amid rising risk of a eurozone collapse, the fund's chief told the Wall Street Journal in an interview published Thursday.

China wealth fund nears buying assets in Poland

WARSAW (Reuters) - China Investment Corp has signed a deal with Poland's foreign investment body PAIiIZ that could see China's $410 billion sovereign wealth fund snap up assets in the European Union's largest eastern member in the coming years.

China wealth fund gets $30 bln injection

China's $410-billion sovereign wealth fund received a $30 billion injection from the government last year, boosting its investment war chest for European assets, state media said Monday.

Europe needs plan before China invests

China's sovereign wealth fund will be willing to invest in Europe once the continent presents a clear solution to its debt crisis, reforms its welfare system and invests money in itself, an official says.

With concerns about excessive debt threatening to bankrupt Italy and Spain and destabilising banks across the continent, European leaders have promised to offer proposals that will calm investors at their summit on Sunday.

Italy confirms talks with China's sovereign wealth fund amid crisis

ROME - Italy is confirming reports that the treasury minister has met with China's sovereign wealth fund, amid speculation that Rome is looking to persuade Beijing to buy Italy's bonds or invest in its companies.

A spokesman for Finance Minister Giulio Tremonti on Tuesday confirmed the meeting with the chairman of China Investment Corp., Lou Jiwei, but declined further comment.

China state fund eyes Facebook stake

A state-owned fund in China is reportedly interested in buying a stake in social network Facebook, said a media report. A source told US business magazine Business Insider that China's sovereign wealth fund - the China Investment Corp - is hoping it could buy a stake in Facebook, large
enough "to matter", the Shanghai Daily reported.

Financial firm Citibank is reportedly trying to acquire as much as $1.2 billion worth of Facebook stock on behalf of two sovereign wealth funds - one from China and another from the Middle East, the daily said.