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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

CIC’s bigger bet

Posted on 22 December 2009

From Business-standard.com: China’s sovereign wealth fund is to have its coffers restocked possibly with as much as $200 billion. This could end up being a further boost for the global commodities sector.
China Investment Corporation had $297 billion of assets at the end of 2008. Now its cash reserves need replenishing after a spending spree this year, according to people close to the fund………………………………….Full Article: Source

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