Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re::Re:Low Water Pressure | |
Posted by: | Steve Taylor | |
Date/Time: | 14/07/13 20:44:00 |
"It could even be the Chinese communist party that ends up owning this great British insitution". Indeed the Chinese already have a stake in Thames Water. "China Investment Corporation (CIC), the country's sovereign wealth fund, has bought 8.68% of the company behind UK utility group Thames Water. It is the fund's first major share purchase in the UK, after Chancellor George Osborne visited China this week. Thames Water is owned by Kemble Water, a consortium of investors led by Australian bank Macquarie. CIC was set up in 2007 to invest some of China's huge $3.18tn (£2tn) in foreign exchange reserves." |