China International Fund

China International Fund
Native name
中国国际基金有限公司
IndustryInfrastructure
Founded2003; 21 years ago (2003)
Headquarters,
Area served
Developing countries
Websitechinainternationalfund.com

China International Fund (CIF) is a Chinese-owned group of Hong Kong investors that describes its major businesses as including "large-scale national reconstruction projects and infrastructure construction in developing countries".[1] The CIF and its associated companies in Hong Kong and Singapore invested upwards of $US 20 billion mainly in unstable African dictatorships.[2] They have made agreements with the Angolan and Guinean governments to explore for various resources in those countries. These agreements will result in billions of dollars of money being invested in the two countries.[3][4] The Company is under the suspicion of being a state-owned company because "key personnel have ties to Chinese state-owned enterprises and government agencies."

  1. ^ "China International Fund Limited". China International Fund Limited. Archived from the original on 2011-11-08. Retrieved 2011-11-04.
  2. ^ John Garnaut: State or mate? Who's behind China fund? The Sydney Morning Herald, March 17, 2010, Retrieved 2010-12-19.
  3. ^ "Guinea and China 'agree big deal'". BBC News. 13 October 2009. Retrieved 2009-10-14.
  4. ^ "Bellzone shares soar on China rail, port deal". Reuters. 2010-05-24. Archived from the original on July 22, 2012.