| 16.05.2011 - China's wealth fund CIC prepares for capital injection |
| China's sovereign wealth fund has been preparing to receive new capital. A senior official at China Investment Corporation (CIC) said late on Thursday that the fund was working out a way to get fresh cash. "We will eventually work out a mechanism through which we will have continued funding," said Jin Liqun, chairman of the fund's supervisory board. CIC is believed to manage some $300bn (£185bn) in assets around the world..............................................Full Article: Source |