China to slow and pick off European companies

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Find below a video from The Economist of Jin Liqun, the Chairman of the Board of Supervisors for the China Investment Corporation, a.k.a. the sovereign wealth fund of China, who argues that China is not interested in buying into European bonds because Europeans without good returns or structural adjustment. However, he does say he’s happy to capture quality European management.

He also makes a clear case for why China must slow its economy as a part of its restructuring effort.

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