TSXV:AAA.P - Post by User
Post by
aaa-ftwon Jul 16, 2011 2:38am
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Post# 18838345
China's trillion-dollar investment plan
China's trillion-dollar investment planChina plans to invest $US1 trillion overseas
Although the article focuses on Australia, it does point out how much cash the Chinese have availalble to go shopping for resourses.
"We are looking at allocating a large number of resources to Australia. You have rich resources; we have a lot of money."
Mr Li agreed on the difficulties here. He said that while Australia was attractive, investment locations such as Africa and South America beckoned.