China's foreign-exchange has been ac...

China's foreign-exchange has been actively but discreetly investing in U.K

Posted in the Georgetown Forum

Canada toin oil

North Bay, Canada

#1 Feb 24, 2013
China Quietly Invests Reserves in U.K. Properties .
Article
Stock Quotes
Comments
more in Business ┬╗.
.
.
BEIJING┬ŚChina's foreign-exchange regulator has been actively but discreetly investing in U.K. property and infrastructure, marking a significant shift in how the secretive manager of the world's largest foreign-currency reserves uses its funds.
Since May, U.K.-registered Gingko Tree Investment Ltd., a wholly owned unit of China's State Administration of Foreign Exchange, has invested more than $1.6 billion in at least four deals, including a water utility, student housing, and office buildings in London and Manchester, according to data providers that track property deals and disclosures by the companies that received the investments. People familiar with Gingko Tree say there have been
UK own some on Armstrong

Toronto, Canada

#2 Feb 24, 2013

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Georgetown Discussions

Title Updated Last By Comments
steven grasby says:on Joan Robson Mirror in ... (Dec '11) 6 hr will they pick St... 5
News TranCanada donates $200K to rink expansion project (Nov '12) 6 hr 210k-gallons-of-o... 12
News Halton Hills budget committee approves 2018 cap... 17 hr Is it election year 1
News Funding for new skate park in Georgetown includ... 17 hr Only now eh 1
and nobody is doing nothing about it (Apr '10) Thu need similar proc... 26
News Halton needs to 'right the wrong' in Hornby wat... Thu Eric shoulda known 2
News Sign puts spotlight on drunk drivers (Mar '09) Thu they help each other 6
More from around the web