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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Securities regulator reluctant on China wealth fund job: sources

Posted on 11 March 2013

The head of China’s securities regulatory body is reluctant to switch to the top job at the country’s $482 billion sovereign wealth fund as he has only been in the post for around 18 months and still has work to do, two independent sources said.
Reuters reported on Thursday that 56-year-old Guo Shuqing, a seasoned English-speaking chairman of the China Securities Regulatory Commission (CSRC), was tipped to head the state investment vehicle China Investment Corp (CIC) CIC.UL as part of a sweeping reshuffle of top financial portfolios by a new generation of leaders………………………………………..Full Article: Source


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