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From Guardian: The China Investment Corporation (CIC), tipped as a backer for the Liverpool FC buyout, has more than $330bn to splash out and an open mind on how to spend it.
The China Investment Corporation (CIC) is a sovereign wealth fund set up three years ago by the communist government to get better returns from its huge foreign exchange reserves……………………………………….Full Article: Source
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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration, Investment, Market
How China’s state investment fund works
| Posted on 06 August 2010 |
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