China Fund Favors PPIP Over TALF

17 Aug 2009

China Investment Corp. reportedly plans to invest up to $2 billion in mortgages through the U.S. government Public-Private Investment Plan.

China Investment Corp. reportedly plans to invest up to $2 billion in mortgages through the U.S. government Public-Private Investment Plan. The Chinese sovereign wealth fund, which has $200 billion in assets and was hit hard with losses from its investments in Morgan Stanley and The Blackstone Group, and ...

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