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

CIC considers new-capital mechanism revamp

Posted on 13 May 2011

China Investment Corp (CIC), the country’s $300 billion sovereign wealth fund (SWF), is considering setting up a mechanism for continued new capital, as the country accumulates foreign exchange reserves, said a senior executive on Thursday.
Jin Liqun, chairman of CIC’s supervisory board, denied that the company has already received a new round of capital injection from the government, as some media had reported……………………………………….Full Article: Source


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