Fortune Lost: The short, brutal and costly ride of China Investment Corp. in...
Lured here by dreams of rich resources, Beijing’s state fund is reeling from costly miscalculations, lousy timing, and falling into speculative ventures talked up by sophisticated stock promoters
View ArticleChina Investment Corp retreats from Canada after mining, energy investments sour
After a string of bad investments, CIC has shut down its Toronto office and is opening a new one in New York, part of a quiet retreat from Canadian natural resources by China’s state-controlled entities
View ArticleTeck Resources slides 7% after Chinese sovereign wealth fund slashes stake
The sale comes after the Chinese government said late last month that it is eyeing policies "to encourage Chinese enterprises that invest overseas to spend more in their own country."
View Article
More Pages to Explore .....
