News sources are confirming that Kuwait Investment Authority (KIA) is considering investing into the booming China market. A delegation headed by KIA’s managing director, Bader al-Saad, are planning a visit late next week to discuss various investment opportunities with Chinese officials.
The KIA will be concentrating on the following sectors:
- Banking
- Industrial
- Agriculture
Previous investments commenced last year in the Industrial and Commercial Bank of China for $720 million have been very profitable for the sovereign fund.
COOL !
now all our chinese imports will be cheaper right !?!!?!?!!?
KTPD - KIA aren’t buying China for your amusement.
KTPD - If anything prices will go up…
ut wouldn’t they give us a special discount seeing as we own the company ?