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China‘s sovereign wealth fund China Investment Corp (CIC) posted a 37.55 percent rise in 2017 net profit, boosted by record-high returns from its overseas portfolio. In the past, CIC has invested in several overseas companies ranging from Airbnb, Canadian mining company Teck Resources to U.S. PE house Blackstone. Full investment news article
Relevent to this post: Agricultural Bank of China
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Do The Channel Islands Dream Of Electric Sheep?
The Channel Islands have been bigging up their digital capability for some time – but exactly how is that translating to success on the ground? Silicon Valley has always dreamed of self-made micronations where entrepreneurs can flourish; a ‘techie island’ where elite libertarians can tinker and invent, free from heavy-handed government interference. The Channel Islands may not have realised tech entrepreneur Peter Thiel’s ‘libertarian utopia’ just ye... Full investment news article
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