27.08.2009 - CIC no longer to pay interest to the state
From Eeo.com.cn: China Investment Corporation, the country's $200 billion US dollars sovereign wealth fund, will change the way it reimburses the state for its original investment in the fund, the Economic Observer learned. The CIC has reached an agreement with the Ministry of Finance (MOF) to treat the $200 billion US dollars used to originally finance the company as assets rather than a debt, a source from the CIC told the EO...............Full Article: Source
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