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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

CIC asks US to ease scrutiny

Posted on 21 January 2010

From Chinaeconomicreview.com: China Investment Corp, the country’s US$300 million sovereign wealth fund, has asked the US to ease the scrutiny of Chinese government organs investing there.
CIC chairman Lou Jiwei said the fund has recently finalized a deal to buy a minority stake in an American electricity firm and that the deal is subject to approval by four different US departments……………………………….Full Article: Source

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