Financial Times FT.com

The 'lovable force'

By Gwen Robinson

Published: April 21 2009 03:00 | Last updated: April 21 2009 03:00

Alphaville (Gwen Robinson): This is definitely a space to watch. A more confident - and definitely a more acid-tongued - China is preparing to swagger back out there with its shopping trolley and invest in Europe and elsewhere, according to the head of China Investment Corp, the country's flagship sovereign wealth fund.

As the FT reports on Monday Lou Jiwei, head of CIC, told the Boao Forum - China's answer to the Davos World Economic Forum - that the fund is considering investing in Europe. Other blogs put it more bluntly, with Clusterstock saying that China is set to become the "biggest bottom fisher in the universe":

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