Three blog entries by Globe and Mail Andrew Willis on China Investment Corp.’s (CIC) $1.7b investment in Tech.
- China plays by Teck’s rules
- How a Chinese fund met Teck (nice background)
- Teck financing wins fans
P.S. It is a nice way for China to spend some of its massive reserve. With insights expressed in this blog entry “压低人民币汇率等于供养美国“, I think my friend Zhaofeng may agree.
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