27.07.2011 - China CIC cautiously optimistic about 2011 despite global woe
China Investment Corp (CIC), the country's $300 billion sovereign wealth fund, said it was cautiously optimistic about its investment outlook this year, after posting a 11.7 percent return on offshore investments for the second year in 2010. The robust performance, achieved last year as CIC boosted overseas investment by $35.7 billion while nearly depleting its cash holdings, could bolster its case to win additional government funding..............................................Full Article: Source
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