View full page at forexfactory.com

 

Countries are 'specifically targeting' China with 'protectionism,' official says

From cnbc.com

China is increasingly facing resistance within countries where it's trying to invest, according to a top official at the country's sovereign wealth fund. China Investment Corporation (CIC) will probably gain investment opportunities thanks to an ongoing global economic recovery, but it is also "facing more difficulties and challenges" related to "protectionism," Tu Guangshao, vice chairman and president of CIC, told CNBC on the sidelines of the Asian Financial Forum. "As CIC and China make more foreign investments, we're seeing the rise of protectionism in some countries and regions, be it the U.S. or Europe. ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis