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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Economic stability boosts CIC

Posted on 14 January 2010

From Xinhua: China Investment Corporation (CIC), the nation’s 300 billion U.S. dollars sovereign wealth fund, may gain more than 10 percent from its investments last year on the back of the global financial market and economic stability, a source close to the fund said.

“Though the total financial return is not yet fixed, the fund expects to report an annual return better than last year,” said the source, speaking on condition of anonymity…………………………………..Full Article: Source


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