| The country's sovereign wealth fund, China Investment Corp. (CIC), has replaced its retiring president and vice chairman, Gao Xiqing, with vice president Li Keping, who has a reputation for wise overseas investments.
The Communist Party's Organization Department announced the personnel change on January 20. Analysts say the appointment was expected.Li, 57, joined the CIC in July 2011 as a vice president. He also held the posts of executive director and chief investment officer. Before that he worked with the National Council for Social Security Fund in charge of overseas investment. Li started working there in 2001...................................Full Article: Source
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