Thanks Orca. CIC owns 17% of Teck (I believe). CIC would have some significant sway with Teck's future plans. Don Lindsay said in his BNN interview that Tck has a guy on the ground in China reading (and reporting..) on the situation in China/Asia.

Generally, I think CIC is in the mind set of 1) appling cash (vulnerable to inflation, US credit, and printing) to hard, long term assets that will hold value, and 2) staking out its share of important, dimiminshing resources for the long long term.

Where Teck might have a 5 or 10 or 20 yr outlook, CIC would be looking much farther into the future.

In my mind, CIC is an extention of the Chinese national policy of taking China from an industrializing super(ish)-power with moderate influence in the world and world markets to that of a global hyper-power (as the USA is now), fully industrialized, with a well layered/diversified economy with secure assets (raw materials & energy) around the world.