the black China hand

China Investment Corp. plans to expand its international investment this year, including in European countries that it had shunned because they tried to set limits on its investments, the Chinese sovereign-wealth fund’s chairman said Saturday.

I find it amusing that Mr. Lou is complaining about American and European governments’ move to limit the amount of investment CIC can make in domestic firms when China does the same for international companies wanting to invest in domestic China companies. As the saying goes you can’t have your cake and eat it too.

China Wealth Fund to Boost Investments