China sovereign fund cautious of US investment amid trade war: CIC president

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

China sovereign fund cautious of US investment amid tradewar: CIC president

CHINA Investment Corp on Friday said the Sino-US trade war has made it more cautious about investing in the United States, after the Chinese sovereign wealth fund posted a dive in yearly profit.

The trade war"is making us more cautious about investing in the US", CIC president Ju Weimin said in Beijing. The fund"will not pose a threat to the countries it invests in, we insist on legal compliance", he said, adding that the wealth fund will reduce the riskiest assets in its portfolio, and seek opportunities in industries such as manufacturing, technology, telecommunications and healthcare.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 15. in EG

مصر أحدث الأخبار, مصر عناوين