China will invest in raw materials

Investments Finansy04-03-2009, China will invest in raw material fall in world commodity prices and devalues ??the commodity sector of the economy. It did not fail to take advantage of China. The authorities of this country, despite the dangerous economic situation in the world, will spend its reserves to buy up "undervalued" assets. In this situation, these investments seem to be experts very real and legitimate. China has become an increasingly active and significant participants in economic life on the planet. State Fund of national well-being of the country China Investment Corp. (CIC) is going to use the collapse of commodity prices to their lowest level in 7 years and to invest in "undervalued" commodities, reports Bloomberg. "Many commodities are undervalued, and we see opportunities for investment in them," - said the executive vice president of CIC Jess Van. Regarding the advisability of such investments experts' opinions diverged. Analyst Otkritie Danila Levchenko said in an interview Bigness.ru, that although China and dependent on imports of raw materials, but in conditions reigned the crisis should not act hastily. "Moreover, it is not clear how China will subsequently sell those assets," - notes the expert.