FINANZE - NEWS NEWS it FINANZE RSS Feed Generator Where China can go wrong China sovereign fund announced today a US dollar 5 Billion investment in Morgan Stanley, for roughly 10% of its share capital. This investment follows Blackrock stake purchase of a few months ago. But while Arabs might have done a sound investment in acquiring a stake oin Citigroup, where doubtful credits represent y smaller percentage of the companu'share capital, problems at Morgan Stanley are way more seriuos and today's reported quarterly loss could only be the beginnig of a long strike of quarterly losses. Worst case scenario could see second Us investment bank fight for survival.Chinese do not appear , at least so far, to have been well advised in their quest for international direct investment, and this latest move could backfire against officials who are running their sovereign fund Wed, 19 Dec 2007 00:00:00 GMT