CIC

CIC Set for up to $200bn in Fresh Funds

China Investment Corp., the official sovereign wealth fund, is going to receive between $100-200 billion in new funds from the government. From the Financial Times: CIC, which has already fully allocated the $110bn it had...

China CIC to Manage More of its Funds in House

Reuters reports on the China Investment Corp, the $300 billion sovereign wealth fund: Lou Jiwei, the chairman of CIC, said the fund would steadily accelerate its overseas investments in 2010, the China Securities Journal...

Feeling Flush, China’s CIC Opens Wallet

The Wall Street Journal reports: China Investment Corp. Chairman Lou Jiwei, speaking on the sidelines of an economics conference in Beijing on Saturday, said investment in CIC’s global portfolio for “one month this...

China 2008: The Global Financial Crisis

This next article in the CDT series on important issues facing China in 2008 focuses on China’s role in the global financial crisis. To give a deeper understanding of China’s up-and-coming role on the world stage,...

“Be Nice to the Countries That Lend You Money”

James Fallows interviewed Gao Xiqing, president of the China Investment Corporation in the Atlantic Monthly: Americans know that China has financed much of their nation’s public and private debt. During the presidential...

CIC Close to Fund Deal with JC Flowers

From Financial Times: China Investment Corporation , the Chinese sovereign wealth fund, is close to an agreement with JC Flowers, the US private equity group, to put about $4bn into a new fund to invest in ailing financial...

China Turns Risk Averse Even As Outflows Rise – Henny Sender

From The Financial Times: When Lou Jiwei, the head of the China Investment Corporation , appears on a panel at Davos next week, he will attract a flurry of interest from financiers. CIC is less than a year old, but the actions of this vast investment fund – and numerous others in China – are […]

Loading
Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.