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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Fund Profile/New Launches

China may restructure sovereign wealth fund

Posted on 10 September 2010

From Reuters: Beijing is considering restructuring China Investment Corp (CIC), its $300 billion sovereign wealth fund, in a bid to boost accountability, two sources with knowledge of the plan said.
The proposed reorganisation, which is bound up with maneuvering among China’s political power brokers ahead of the Communist Party’s five-yearly congress in 2012, could result in a sharper focus by CIC on its overseas portfolio……………………………………….Full Article: Source


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