05.10.2009 - On autonomy and complexity in the Chinese SWF
From Lcbacker Blog: A few weeks ago I noted the announcement of a restructuring fo the capital of the Chinese sovereign investment vehicle, the China Investment Corporation, and changes ot dividend policies. Larry Catá Backer, On SWF Autonomy: Restructuring the China Investment Corporation, Law at the End of the Day, September 20, 2009- I reported that "to accomplish its national development goal and to actively manage its sovereign wealth fund and state-owned enterprises, China’s Ministry of Finance recently reached an agreement with CIC to treat the $200 billion US Dollars that was originally used to finance CIC as CIC’s assets rather than a debt..................Full Article: Source