In These New Times

A new paradigm for a post-imperial world

China wealth fund wants to turn Treasuries to U.S. Infrastructure

Posted by seumasach on January 22, 2017


17th January, 2017

Jan. 16, 2017 (EIRNS)—In a speech to the Asia Financial Forum in Hong Kong today, China Investment Corporation chairman Ding Xuedong said that CIC wants to change its holdings of U.S. Treasury debt, into an investment in building of new infrastructure in the United States. Ding’s speech was reported in the South China Morning Post, Reuters, and other media.

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