"We have discussions -- its always a matter of what the terms are," said John Snow, Cerberus chairman and former U.S. treasury secretary. "Sure, we'd be interested to exploring opportunities to work together with CIC."
While Cerberus has no specific proposals lying before it, "we are obviously interested in having a good relationship with sources of capital in China and elsewhere," Snow said in an interview with Deutsche Presse-Agentur dpa and the Financial Times in Beijing.
"We are patient; China is noted for its patience," Snow said. "We take a long view; they take a long view. I think we are culturally compatible. We are not looking for a quick hit."
