CHINA'S US$410 billion sovereign wealth fund has bought a minority stake in Thames Water, a water and sewage company, in its first acquisition in the UK.
China Investment Corp said in a statement yesterday that it acquired an 8.68 percent stake in Thames Water through a wholly-owned unit. But CIC did not provide a value for the deal.
The CIC transaction followed a visit to Beijing earlier t
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FDI registers another drop in Dec | Economy | chinadaily.com.cn
Posted by admin (#1) 16 days ago (http://www.chinadaily.com.cn)
Fragile world economic recovery and increasing labor costs blamed
BEIJING - Foreign direct investment (FDI) in China registered the sharpest year-on-year decline in December since August 2009, when the country was hit by the global financial crisis, the Ministry of Commerce said on Wednesday.
Officials and analysts attributed the slowdown to a fragile recovery for the world economy and incr
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