Suppose the SWFs got cold feet?
"‘Right now we don’t have the courage to invest in financial institutions because we don’t know what problems we will put ourselves into,’ Lou Jiwei [Chairman of China Investment Corp] said on Wednesday. ‘My confidence should come from government policies. But if they are changing every week, how can you expect that to make me confident?" extract from: Financial Times
Posted on 12/04 at 07:38 AM.
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