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Sovereign Wealth Funds Briefing - Categorized | Investment

CIC planning more resource investments

Posted on 28 January 2010

From Chinadaily.com.cn: China’s $300 billion sovereign wealth fund is considering new investments in resource-related companies after bets on commodities producers from the US to Kazakhstan paid off in 2009.

China Investment Corp (CIC) increased spending on energy and mineral assets last year to profit as the global economy recovers………………………………..Full Article: Source

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