Tensions over trade between the United States and China have threatened to bubble over since Donald Trump claimed the White House a year ago. But it's done little to diminish China's appetite for deals and the country's $900 billion sovereign wealth fund is eager to get in on the act.
But China Investment Corporation CIC isn't ignoring the tension, acknowledging that an unfavourable trade relationship is a key threat to its hopes of building up direct investments across the Pacific.
“CIC needs to adjust its investment in the US we wish to gradually increase direct investment in the US which of course would take some time while...
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