SWF Radar

AFP reports that, “The White House urged US lawmakers to be ‘very, very careful’ about taking steps to curb investment in the US economy by government-run sovereign wealth funds amid worries about cash-flush China. We should be very, very careful to look at legislation that may affect legislation coming into this country, and be very, very careful of the signals we send to foreign investors who are looking to place their money in this country,” said spokesman Tony Fratto.”