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Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

CIC to invite Chinese firms for investments overseas

Posted on 17 February 2014

China Investment Corporation (CIC), the nation’s sovereign wealth fund, plans to collaborate with Chinese enterprises in jointly explore overseas investment opportunities, Shanghai-based China Business News reports, citing CIC chairman Ding Xuedong.
As part of the collaboration, CIC hopes domestic enterprises can lead and control overseas investment targets, while it will be a minority financial investor with no intention of seeking management control, Ding said………………………………………..Full Article: Source


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