Showing posts with label sovereign wealth fund in China. Show all posts
Showing posts with label sovereign wealth fund in China. Show all posts

Thursday, March 31, 2011

China's wealth fund ready to boost LatAm investment

BEIJING,(Reuters) - China's $300 billion sovereign wealth fund is prepared to invest more in resource-rich Latin America because it is confident in the region's growth prospects, a senior official said on Wednesday.

Jin Liqun, chairman of the China Investment Corp. supervisory board , told an investor forum he had just returned from a trip to Brazil, Argentina and Chile and saw great potential for trade and investment.