China Investment Corporation About To Purchase Mortgage Backed Securities In U.S. For $2 Billion

August 30, 2009
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Chinese To Buy 2 Billion in Mortgage Backed Securities

Almost every part of the world today is experiencing a recession and we all know that U.S., especially their real estate market, is one of the most affected. However, there are still investments coming in for them including the one from China Investment Corporation.

As an investor, you would surely want to put your money in a venture that will be profitable and that’s what China Investment Corporation expects as they are planning to purchase 2 billion dollars worth of mortgage backed securities. U.S. is currently experiencing a recession but this investment just proves that U.S. real estate is still one of the better investments worldwide.

This also proves that the world markets still has confidence in U.S. economy compared to the other countries that are not greatly affected by the downturn.

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