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Sovereign Wealth Funds Briefing - Categorized | Financials

CIC to get funding annually based on performance

Posted on 30 June 2011

China Investment Corp. will receive additional funding annually based on its performance in the previous year, according to a report by Weekly on Stocks that was posted to websites including that of the China Securities Journal and Sohu.com.
The fund may get $50 billion as a first batch of new capital this year, the report said, without saying where it got the information……………………………………….Full Article: Source


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