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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, Market

China CIC to inject $3.1 bln into Sinosure

Posted on 27 May 2011

China Investment Corp , the country’s $300 billion sovereign wealth fund, has won approval from the cabinet to inject 20 billion yuan ($3.1 billion) into the China Export and Credit Insurance Corp (Sinosure).
Sinosure is the Chinese government’s arm that promotes exports, and the agency has provided insurance for $116.6 billion worth of Chinese exports in 2009………………………………………Full Article: Source


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