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Chinese sovereign wealth fund CIC has scaled back its holdings of European stocks and bonds, and...
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Thursday, June 7, 2012, 4:29 AM ETChinese sovereign wealth fund CIC has scaled back its holdings of European stocks and bonds, and CIC Chairman Lou Jiwei says he sees mounting risks of a eurozone breakup. The remarks underscore China's dismay at how eurozone leaders are handling the crisis in China's largest export market.
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