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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC eyes more investments

Posted on 18 January 2013

China Investment Corp. (CIC) will expand its investments in manufacturing and real estate this year in search of better returns, says Lou Jiwei, chairman of the country’s sovereign wealth fund.
Lou said that CIC long focused on investments in the financial and commodities sectors, but this year it would increase investment in manufacturing in a bid to further diversify. CIC would also increase investment in industries with stable returns, such as real estate and infrastructure………………………………………..Full Article: Source


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