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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

CIC cash depleted after 2010 spending

Posted on 05 March 2010

From Chinaeconomicreview.com: China Investment Corp’s cash holdings have been left depleted following last year’s splurge on overseas investments.
CIC executive vice president Wang Jianxi said the sovereign wealth fund’s cash holdings are “relatively low” and future investment is dependent on whether or not it can get another fund injection from the government……………………………………..Full Article: Source

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