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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China fund CIC teams up with French investor for overseas opportunities

Posted on 16 November 2016

China Investment Corporation (CIC), the sovereign wealth fund, is stepping up its overseas investment, focusing on targets closely tied to the country’s economic development. Qi Bin, CIC’s deputy general manager, revealed the move, while speaking at the private equity firm Hony Capital’s annual general meeting in Shenzhen on Monday.
“This will be the future trend for CIC. Any investment must be closely tied to Chinese industry and serve in its economic transition ,” he said………………………………….Full Article: Source


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