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Sovereign Wealth Funds Briefing - Categorized | Investment

China Huijin invests $3.2 bln in export insurer

Posted on 19 December 2012

China’s Central Huijin Investment Co, , a unit of the country’s $480 billion sovereign wealth fund, has invested 20 billion yuan ($3.2 billion) in China Export & Credit Insurance Corp, the latest move to help domestic firms to export and make outbound investment, state television reported on Tuesday.
It did not reveal the size of stake taken by Central Huijin. China Export & Credit Insurance Corp is a state-owned company that provides credit insurance services for exporters and other firms………………………………………..Full Article: Source


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