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Sovereign Wealth Funds Briefing - Categorized | Financials

China wealth fund gets $30 bln injection

Posted on 06 March 2012

China’s $410-billion sovereign wealth fund received a $30 billion injection from the government last year, boosting its investment war chest for European assets, state media said Monday.
China Investment Corporation (CIC) was set up in 2007 to invest some of the country’s world-beating foreign exchange reserves overseas………………………………………..Full Article: Source


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