Evidence of China as a responsible int'l stakeholder?

This demonstrates that at least one part of the PRC government wants to be viewed as a responsible stakeholder in the existing international order. Note that the foreign ministry's statement is at odds with that expressed by the sovereign fund itself. Stay tuned to see how this plays out.

China's foreign minister indicated yesterday that Beijing is willing to work on an international code of conduct for sovereign-wealth funds, showing a more flexible stance than was projected last week by a senior executive at China's sovereign-wealth fund.





"I believe that appropriately using sovereign-wealth funds based on international rules is beneficial to the concerned parties. The rules of the game, of course, ought to be set by all," Yang Jiechi said.