China Investment Corp. has 60 per cent U.S. assets

    CIC or China Investment Corp. is China's sovereign investment fund. The fund holds almost 60 per cent U.S. based assets in its portfolio. The chairman Jin Liqun praises the U.S. legal system and also claims there are many good opportunities for investment in the U.S.  The corporation also has investments in Canada as well as Europe and other Asian countries.
   The CIC managed almost 410 billion dollars in 2010. The return on investment that year was 12 per cent far above the average of 9.6 per cent. A Chinese financial analyst claimed that the European debt crisis could not be solved in the near terms. As a result he said that this was not the right time to invest in Europe. However, the corporation is spinning off another investment vehicle that will concentrate upon seeking higher returns in Europe and the U.S.
  Jin said that China was still a developing nation and that it was not the task of either the fund or private Chinese companies to rescue European countries in distress. However Jin said that China would invest in any convincing program such as infrastructure developments. China seems willing to help if it can see a good return on its investment! China sounds exactly like a sensible capitalist country even though it is run by a communist party! For much more see this article.