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China Investment Corp, the nation's sovereign wealth fund, is to balance out its portfolio1 this year.
The investment arm said it will adjust its investment plans after it "under-bought" in Europe and "over-bought" in the United States and emerging markets in 2012 in response to global economic uncertainties2.
CIC's chairman Lou Jiwei said CIC will invest more in manufacturing, real estate and infrastructure3.
In a display of CIC's new interest in manufacturers, the fund plans to buy a 4 to 10 percent stake in the German automaker Daimler AG.
点击收听单词发音
1 portfolio | |
n.公事包;文件夹;大臣及部长职位 | |
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2 uncertainties | |
无把握( uncertainty的名词复数 ); 不确定; 变化不定; 无把握、不确定的事物 | |
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3 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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