| From China.org.cn: Guoxin Asset Management Co, China's new state-asset management company, officially launched. Guoxin Asset Management Co, also referred to as "China Investment Corporation (CIC) No.2," is expected to play an important role in the restructuring of state-owned enterprises.
Xie Qihua, former board chairman of Baosteel Group, has been designated as the board chairman for Guoxin, the newspaper reported, and Liu Dongsheng, chairman of the Supervisory Board for Key Large State-Owned Enterprises of State-owned Assets Supervisory and Administration Commission (SASAC), will be the general manager..............................................Full Article: Source
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