Chinese investors are moving to increase their spending in Silicon Valley - Recode

Leading Chinese financial institutions are slowly increasing their physical footprint in Silicon Valley, mirroring the moves made by Middle Eastern investors in recent years as foreign countries look to capitalize on the U.S. tech boom.

The two central players at this point:

• The China Investment Corporation, or CIC, a sovereign wealth fund which manages over $800 billion on behalf of the Chinese government 
• CIC is not to be confused with the other force, CICC, or the China International Capital Corporation, a Chinese investment bank formed in 1995 that is the nation’s first brokerage and is sometimes called “the Goldman Sachs of China.”