January 2, 2008 By Robert Amsterdam

Dee Prince: China, Morgan Stanley, and Intriguing Capital Flows

[This special guest columnist is a long-time colleague of mine writing under the pen name Dee Prince. He is a Nigerian-born international petroleum consultant who works out of offices in Beijing, Lagos, Toronto and London. He is an Associate Professor of China’s leading post-graduate School of Business and Economics, and his current professional focus is on Chinese energy requirements and strategies, and how these impact Africa, Europe and Russia in particular. Read his previous articles on this blog here, here, and here. – Robert Amsterdam] morganstanley010208.jpgCHINA, MORGAN STANLEY AND INTRIGUING CAPITAL FLOWS By Dee Prince You couldn’t make it up if you tried. My last class in the just-concluded Corporate Training course on Banking Risk and Basel II Accord for Chinese Banking examiners fell on the same day that Morgan Stanley announced its China-related mega-deal. You know the one I’m referring to – China’s China Investment Corporation – which is sometimes cutely referred to as the nation’s “Sovereign Wealth Fund – and its $5 billion capital injection into Wall Street’s venerable institution and also the second largest US investment bank.

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