| 02.09.2011 - CIC may set up new overseas investment company, CBN says |
| China Investment Corp., the nation’s sovereign wealth fund, may set up a new company focused on overseas investment, China Business News reported, without saying where it got the information. CIC may change to a holding company containing the new entity and Central Huijin Investment Co., according to the Shanghai-based newspaper. The People’s Bank of China may inject about $100 billion into the new company, according to the report..............................................Full Article: Source |