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Sovereign Wealth Funds Briefing - Categorized | People

Ding Xuedong named new China Investment Corp chairman

Posted on 08 July 2013

The State Council has appointed its deputy secretary-general Ding Xuedong as the new chairman of China Investment Corp, the country’s sovereign wealth fund, according to a statement on Friday.
Ding, 53, will be filling the vacancy left by former CIC chairman Lou Jiwei, who was appointed finance minister in March. CIC’s total assets rose to $482 billion in 2011, according to the latest update of the company’s annual report………………………………………..Full Article: Source


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