Chinese investors are making moves to increase their spending in Silicon Valley

China's leading sovereign wealth fund is eyeing an office in California. 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 ...