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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

China’s SWF received $30 bln new capital last year

Posted on 05 March 2012

Jesse WangChina Investment Corp., the nation’s sovereign wealth fund, received $30 billion of capital from the State Administration of Foreign Exchange by the end of last year, Executive Vice President Jesse Wang said.
The funds were a one-time injection and any future capital will have to be applied for separately, Wang told reporters while attending meetings today of the Chinese People’s Political Consultative Conference in Beijing………………………………………..Full Article: Source


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