08 Mar '11, 5am

#singapore news: China sovereign fund makes 11.3% return: BEIJING: China Investment Corp (CIC), the country's $3...

#singapore news: China sovereign fund makes 11.3% return: BEIJING: China Investment Corp (CIC), the country's $3...

BEIJING: China Investment Corp (CIC), the country's $300 billion sovereign wealth fund, raked in a return of around 11.3 per cent on its overseas investment last year, a company executive said Tuesday. "The return on our overseas investment in 2010, based on the market value of our portfolios at the beginning of last year, is around 11.3 per cent," the executive, who declined to be named, told AFP. She said the figure was a preliminary estimate and could be revised when the company releases its annual report in August. She declined to give further details. CIC was set up in 2007 to invest some of China's massive foreign exchange reserves - the world's largest at $2.847 trillion at the end of 2010 - partly to gain better returns. The reserves are mainly parked in safe but low-yielding instruments such as US Treasury bonds, but amid the global crisis CIC has tried to diversi...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

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Starbucks to offer instant coffee packets in China. $SBUX 3/7 close: 33.60 #stocks

Starbucks to offer instant coffee packets in Ch...

straitstimes.com 08 Mar '11, 11am

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Western journalists 'fabricate' news: China media

Western journalists 'fabricate' news: China media

channelnewsasia.com 03 Mar '11, 7am

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