07.06.2013 - CIC chairmanship too hot to hold

For three months now, China Investment Corporation (CIC), a major sovereign wealth fund tasked with investing part of the country's foreign exchange reserves, has been operating without a chairman of the board at its helm. With few promising, low-risk investment opportunities open overseas these days, this position is being thrown around like a hot-potato that no one wants to be stuck with...........................................Full Article: Source

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