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  1. Temasek's foreign investment model not entirely worth emulating

    Posted Mar 13th 2007, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp 'The central government is to establish an agency modelled on Singapore's Temasek to manage part of its US$1 trillion foreign exchange reserves, Finance Minister Jen Renqing said.' SCMP, March 10 THERE IS A story, per ...

  2. China defends forex strategy

    Posted May 01st 2012, 12:00am

    ... George Chen george.chen@scmp.com China, the No 1 holder of US debts, has defended its overseas investments, with the country's foreign exchange regulator claiming it made money from its outbound assets every year over the past eight years. Guan Tao, ...

  3. Hey, big spender

    Posted Feb 12th 2008, 12:00am by Mark O'Neill

    ... sovereign wealth funds, including the China Investment Corp (CIC), set up by Beijing last September. The CIC has US$200 billion in assets, of which one-third is earmarked for overseas investment. 'There is no question of France remaining unable to react in the face of a rise in the power of extremely aggressive sovereign funds which only follow economic logic,' Mr Sarkozy said last ...

  4. China arrives late at its own party

    Posted May 22nd 2007, 12:00am by Tom Holland

    ... 5 per cent. But when you factor in the 2 to 3 per cent borrowing costs the central bank pays when it issues yuan-denominated debt to fund its foreign exchange market interventions and the 4.5 ...

  5. Reserves leap on yuan speculation

    Posted Jun 29th 2006, 12:00am by Cary Huang

    ... at the end of May last year. Last month's increase was the biggest since December 2004's US$36 billion, when foreign funds were lured by anticipation of an appreciation of the yuan. ... Wang Chuanglian, an economist with China Great Wall Fund, said speculative funds betting on further yuan appreciation were chiefly responsible for the soaring reserves, which jumped by US$106.1 ...

  6. Business - China Business - LAWSUITS

    Chinese investment institutions remain silent over Libor lawsuits

    Posted Sep 17th 2012, 12:00am by Daniel Ren

    ... submitted artificially low rates to make it look sounder. China has been aggressively investing overseas since 2007. And powerful Chinese institutions, including the sovereign wealth fund and major banks, are believed to have large exposures to assets related to Libor. A person close to China Investment Corp, the US$482 billion sovereign wealth fund, said Beijing would take a wait-and-see ...

  7. For Europe, Chinese help will come at a heavy price

    Posted Feb 16th 2012, 12:00am

    ... the head of China's US$400 billion sovereign wealth fund, told an audience on Monday that European sovereign debt is not an attractive investment. But European governments and investors ... sovereign wealth fund. And as we know from Lou's remarks earlier this week, the CIC doesn't think much of government bonds, especially those issued by European credits. It prefers hard ...

  8. Business - China Business - INVESTMENT

    Investment in Europe from China surges

    Posted Sep 24th 2012, 12:00am by Toh Han Shih

    ... developer, bought the stake for €2.69 billion (HK$27.06 billion), according to the state-owned firm's website. In June, national sovereign wealth fund China Investment Corporation (CIC) acquired ... transparency, the prospect of increasing investment by Chinese sovereign wealth funds is welcomed by the cash-strapped EU states," according to a paper by the Europe China Research and Advice ...

  9. Australian giant on China growth path

    Posted Sep 07th 2011, 12:00am

    ... Corporation (CIC), Goodman said the mainland's sovereign wealth fund had improved credibility of its mainland expansion. 'It gives us more of a national feel when you are in China,' he ... have an investment value of US$300 million. They include four logistics centres in Shanghai held through the Goodman China Logistics Holding fund, an 80-20 joint venture with Canadian pension ...

  10. Business - Banking & Finance

    Banks need a deposit protection scheme

    Posted Sep 01st 2012, 12:00am by Daniel Ren

    ... of the country's sovereign wealth fund China Investment Corp followed talks by the central bank in June that it was establishing a system to protect depositors amid mounting concern about mainland ... at the People's Bank of China, said in June that China would create the system when the timing was right. Under a deposit insurance system, commercial banks are required to deposit a portion of the funds ...




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