| Boosted by a one-time $30 billion capital injection, China Investment Corp. is working on a system through which the sovereign-wealth fund would get continued funding from the Chinese government and potentially play a bigger role in helping diversify the country's vast foreign-exchange reserves.
"We very much hope for a clear [funding] mechanism just like what other, more mature, sovereign-wealth funds have," said Wang Jianxi, CIC's executive vice president, in an interview with The Wall Street Journal...............................................Full Article: Source |