China's sovereign wealth fund China Investment Corp has cut its stock and bond investments in Europe as it sees rising risks of a euro zone breakup, the fund's chairman was quoted as saying in an interview published on Thursday. Lou Jiwei was quoted as saying that China was also unlikely to buy common euro zone bonds, should they eventually be issued as part of a resolution of the European debt crisis, as "the risk is too big, and the return is too low". Lou told the Wall Street Journal in an interview that "there is a risk that the euro zone may fall apart and that risk
“Don't cry because it's over, smile because it happened.â€