US crisis freezes China sovereign funds

Posted October 14th, 2008 by TraditionalGOPer

US crisis freezes China sovereign funds
By Jamil Anderlini in Beijing and Deborah Brewster in New York

Published: October 14 2008 05:59 | Last updated: October 14 2008 05:59

China’s $200bn sovereign wealth fund, which has made a series of loss-making investments in Western financial institutions since last year, could have as much as $5.4bn frozen in a failed US money market fund account.

http://www.ft.com/cms/s/0...

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US crisis freezes China sovereign funds

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