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

PBOC official: Unaware of any capital injection plan for CIC

Posted on 22 December 2009

From Dow Jones: People’s Bank of China Vice Gov. Hu Xiaolian said Tuesday she is unaware of any government plans to inject fresh capital into China Investment Corp.

She made the comment to Dow Jones Newswires on the sidelines of a financial forum, after the Financial Times reported Monday that Beijing may inject as much as US$200 billion from the country’s foreign-exchange reserves into the sovereign-wealth fund………………………………….Full Article: Source

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