China will not invest in defence, alcohol or casinos
China’s $300 billion sovereign fund, China Investment Corp, will not invest in sectors related to defence, casinos or alcohol, it announced on Wednesday. Jin Liqun, the CIC supervisory board chairman, said that it would not invest in anything that might damage its reputation. He also said that China is likely to be “one of the most exciting PR markets in the world.”
29 September 2010•2 mins read
