BEIJING, March 4 It is not a good time to invest
in emerging markets partly because of the inflationary pressure
building up in them, a senior executive with China's sovereign
wealth fund said on Friday.
Jesse Wang, an executive vice president with China Investment
Corp (CIC) [CIC.UL}, told reporters that oil prices will stay at
high levels and harm the global economic recovery.
Wang was speaking on the sidelines of a meeting of an
advisory body to the Chinese parliament.
(Aileen Wang and Zhou Xin; Editing by Simon Rabinovitch)