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Sovereign Wealth Funds Briefing - Categorized | People, Trends

Changes tipped as CIC names new chairman

Posted on 14 May 2013

Tu Guangshao will be nominated as the chairman of China Investment Corporation (CIC), China’s $410 billion sovereign wealth fund, according to local media reports.
The appointment, which a Shanghai-based source says has been confirmed, comes two months after former CIC chairman Lou Jiwei became minister of finance, and follows a reshuffle of senior financial figures as part of the transition to the new Communist party leadership under president Xi Jinping………………………………………..Full Article: Source


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