International: China Sovereign Fund Has About 60% of Assets in U.S.

China Investment Corp., the nation's sovereign wealth fund, has about 60% of its assets in the U.S., which has many investment opportunities and a good legal system, Jin Liqun told CNBC in an interview yesterday.

Jin, chairman of CIC's supervisory board, said that much of the rest of the fund's assets are in Europe, other nations in Asia and Canada, with investments in resources, real estate and open market transactions.

For more, see China Sovereign Fund Has About 60% of Assets in U.S., JIN Says by Joshua Fellman and Sylvia Wier, December 9, 2011 at Washington Post Business Page.