11.01.2012 - Head of China's CIC tipped as next finance minister
The head of China's $410 billion sovereign wealth fund is the front-runner to become the country's next finance minister, two independent sources said, a move in the country's broad leadership reshuffle that will culminate in 2013. Lou Jiwei, 61, currently chairman of China Investment Corp (CIC), is tipped to replace Xie Xuren as finance minister, the sources said. They requested anonymity to avoid political repercussions...........................................Full Article: Source
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