• Scotty@scribe.disroot.org
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    2 days ago

    It’s not only Gulf billionaires but also the Chinese dictatorship as Chinese state-backed investors join Carney’s summit

    … Both China International Capital Corp. (CICC) and China Investment Corp. − China’s sovereign wealth fund − are attending Mr. Carney’s summit. CICC is roughly 40-per-cent owned by Central Huijin Investment, a subsidiary of China Investment Corp.

    The Hong Kong Monetary Authority, which manages investments for the territory’s Exchange Fund, is also a participant …

    Canada has a history of barring Chinese investment, as the linked article says, and we must hope that Carney strengthen this tradition.

    • SaveTheTuaHawk@lemmy.ca
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      2 days ago

      Canada has a history of barring Chinese investment

      Wut. Harper sold anything and everything to China.