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Sovereign Wealth Funds Briefing - Categorized | Performance

China CIC ‘09 investment return over $10 bln

Posted on 08 March 2010

From Reuters: China Investment Corp (CIC), the country’s $300 billion sovereign wealth fund, made an unaudited return of more than $10 billion last year on its foreign investments, the China Business News said on Monday.
“In 2009, CIC’s unaudited paper profit on overseas investments exceeded $10 billion, and not just $10.1 billion or $10.2 billion,” the newspaper quoted an unnamed company executive as saying………………………………………..Full Article: Source


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