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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration, Market, Reserve Currencies

China still studying new CIC capital injection

Posted on 09 March 2010

From Reuters: Beijing is still studying whether to transfer another chunk of its official reserves to China Investment Corp (CIC), the country’s $300 billion sovereign wealth fund, a senior official said on Tuesday.
Media reports have said China could hand CIC another $200 billion to manage from the $2.4 trillion stockpile of foreign exchange reserves now managed by the State Administration of Foreign Exchange (SAFE)……………………………………….Full Article: Source

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