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Why Yum! Should Stick To The 'Original Plan' In China
Monday, May 23, 2016 - 3:25pm | 335KKR & Co. and Chinese sovereign wealth fund China Investment Corp (CIC) have reportedly dropped their bid for a majority stake in Yum! Brands, Inc. (NYSE: YUM)’s China business. Reuters reported that Yum was not prepared to turn over a majority stake in its Chinese business at the price...
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China Looking to Invest in UK Infrastructure
Monday, November 28, 2011 - 11:58am | 448The Financial Times reported that the Chinese may soon start investing in the overseas infrastructure sector. Lou Jiwei, the head of the Chinese sovereign wealth fund called China Investment Corp (CIC), wrote in the Financial Times that infrastructure in the United States and Europe is badly in...
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How to Profit from Chinese Plan to Save Italy
Tuesday, September 13, 2011 - 8:49am | 594There has been growing talk that China will soon increase its purchases of Italian debt in a move that Italian officials hope will drive down Italy's borrowing costs. Italian Finance Minister Giulio Tremonti is said to have met with Lou Jiwei, the head of the Chinese sovereign wealth fund China...
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China Expands Its Grasp on Global Commodities Markets
Tuesday, September 22, 2009 - 8:13am | 32Chinese Sovereign Wealth Fund CIC has made a huge investment in the trading firm Noble Group (SGX: NOBL) by buying 14.5 % of the firm’s shares on Tuesday to the tune of $850 million.