| The Chinese government is looking to increase diversification in its foreign exchange reserve management and may provide its sovereign wealth fund, China Investment Corporation (CIC), with another US$100-US$200 billion worth of investment, according to an April 26 report on Financial Times, which cited anonymous sources.
The China Investment Corporation was established in 2007 with the issuance of special bonds worth RMB1.55 trillion by the Ministry of Finance (MoF)..............................................Full Article: Source
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