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Sovereign Wealth Funds Briefing - Categorized | Research

China’s financial system: Red mist

Posted on 05 February 2010

From Economist.com: Take the China Investment Corporation (CIC), China’s sovereign-wealth fund, which was founded in 2007. For fund managers and companies in search of money, CIC’s chief investment officer, Gao Xiqing, has become highly sought-after.
But just how much autonomy Mr Gao has is uncertain. CIC’s chief executive, Lou Jiwei, told a conference in Hong Kong on January 20th that two things would improve his organisation: more freedom from foreign authorities to make investments, which would doubtless be fostered by his second wish, more freedom to manage itself………………………………..Full Article: Source

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