China bought 10% of heathrow

Governing body of Chinese assets abroad, CIC, bought 10% stake in a company that has the Heathrow airport in London.

The company is also the owner of Heathrow airport, London Stansted, Southampton in southern England, and at Glasgow and Aberdeen in Scotland.

CIC was established in 2007 for the purpose of China's foreign exchange reserves investment wealth in abundance.

Purchase of shares in the UK airport is taking place in the midst of hectic rejection of a number of countries over the proposed sale of important assets to Chinese companies.

Last month U.S. President Barack Obama block the sale of windmill energy company to be acquired by a Chinese company, Ralls Corp.. The reason for the cancellation is national security.

The United States also accuses China operations Huawei and ZTE brings security risks and warned that U.S. companies do not do business with them.

Australia has first deter Huawei to enter the broadband network communications industry in the country.

However, the British government just continue to increase the volume of trade and business deals with China.

Heathrow stock purchase is the second major purchase in the form of CIC in the UK infrastructure projects. Previous CIC also spend large sums to get a 8.68% stake in the company that manages Britain's Thames Water company in January.

Heathrow stock purchase valued at £ 450 million (about Rp 7 trillion) to 10% stocks Heathrow Airport Holdings Ltd.

In buying scheme that CIC will buy a 5.7​​% stake in Spanish firm Ferrovial flagged, in FGP Topco Ltd., the holding company that owns Heathrow Airport Holdings Ltd, valued at £ 257.4 million.

CIC will get the remaining 4.3% of shares of FGP Topco Ltd shareholders more value spending £ 192.6 million.