Ryan's District Boards

RD Today => All the News => Business News => Topic started by: chris on December 03, 2008, 05:59:15 AM

Title: Reuters: China wealth fund lacks stomach for financial buys
Post by: chris on December 03, 2008, 05:59:15 AM
China wealth fund lacks stomach for financial buys
      


HONG KONG (Reuters) - China Investment Corp, the sovereign wealth fund that has incurred steep paper losses on its stakes in U.S. financial firms, said on Wednesday it is "not brave enough" to invest in foreign financial firms and lacks confidence in the shifting U.S. financial regulatory situation.<div class="feedflare">
<img src="http://feedproxy.google.com/~f/reuters/businessNews?d=41" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=CPHFwlj5) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=Cs6BXvKB" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=Cs6BXvKB) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=4b5WxZ4t" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=4b5WxZ4t)
</div><img src="http://feedproxy.google.com/~r/reuters/businessNews/~4/Pcga2rvOGzU" height="1" width="1"/>
      

http://feeds.reuters.com/~r/reuters/businessNews/~3/Pcga2rvOGzU/idUSTRE4B211520081203