18.12.2012 - CIC to profit from overseas investments
Sovereign-wealth fund China Investment Corp. is expected to make a profit on its overseas investments this year, Vice President Wang Jianxi was cited as saying. Overseas investments performed better this year than last. They will definitely be in profit, Mr. Wang said in the report without providing figures. The sovereign-wealth fund reported a 4.3% loss on international investments last year--the worst performance since being established in 2007..............................................Full Article: Source
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