04.03.2010 - CITIC Capital to expand abroad after CIC injection
From Reuters: CITIC Capital, the flagship investment arm of state-owned CITIC Group, will ramp up its foreign expansion plans after receiving a major investment from China's sovereign fund, the firm's CEO said. "To us, CIC's investment is like to add wings to a tiger," Zhang Yicheng, chief executive of CITIC Capital, told Reuters on the sidelines of the opening of the Chinese People's Political Consultative Conference (CPPCC) in Beijing...........................................Full Article: Source
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