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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC willing to launch invest in Russia: chairman

Posted on 24 May 2011

China Investment Corp or CIC, the country’s US$300 billion sovereign wealth fund, is willing to launch investment in Russia which has large market, abundant resources and great development potential, sources reported, citing CIC Chairman Lou Jiwei as saying.
There are two investment channels in Russia. One is through Russia’s direct investment fund, and the other one is through a new round of privatization in the country, said Lou, adding that there are many investment opportunities in Russia as the Russian government is actively adjusting the economic structure of the country……………………………………….Full Article: Source


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