China's sovereign wealth fund, in an unusually blunt description of its current focus, said on Monday that cash is king and big investments are just about off the table, according to Chinese media reports.
129835
Cash is king:
23449
Chinese shares close down 4.13 percent
110653
China's holdings of US debt fall
36563
China investment Corp. defends steps to transparency
51115
Reports show economy is facing headwinds
15990
BlackRock says China starting to recover
86534
Market volatility making it difficult for investors to buy and sell some of the most popular investment funds
152572
Money market fund assets fell to $2.695 trillion
103155
Corruption drives away investors
143373
Shinhan Financial group faces leadership vacuum
168970
Foreign investment in China falls for sixth month
8858
China growth to halve:
55013
China's domestic billet prices soften again
69255
Euro will be 'less attractive' for China:
10684
Mauritius to set up $500 million sovereign wealth fund
51549
China urges major countries to stabilize currency
41617
'China reliant on investment spending to deliver GDP growth'