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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China CIC cautiously optimistic about 2011 despite global woe

Posted on 27 July 2011

China Investment Corp (CIC), the country’s $300 billion sovereign wealth fund, said it was cautiously optimistic about its investment outlook this year, after posting a 11.7 percent return on offshore investments for the second year in 2010.
The robust performance, achieved last year as CIC boosted overseas investment by $35.7 billion while nearly depleting its cash holdings, could bolster its case to win additional government funding……………………………………….Full Article: Source

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