{"id":14891,"date":"2007-09-29T09:13:42","date_gmt":"2007-09-29T16:13:42","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2007\/09\/29\/state-forex-investment-company-debuts-xin-zhiming\/"},"modified":"2007-09-29T09:13:42","modified_gmt":"2007-09-29T16:13:42","slug":"state-forex-investment-company-debuts-xin-zhiming","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2007\/09\/state-forex-investment-company-debuts-xin-zhiming\/","title":{"rendered":"State Forex Investment Company Debuts &#8211; Xin Zhiming"},"content":{"rendered":"<p>From China Daily:<\/p>\n<blockquote><p><a href=\"http:\/\/en.wikipedia.org\/wiki\/China_Investment_Corporation\">China Investment Corporation<\/a> (CIC), the country&#8217;s $200 billion sovereign wealth fund, formally started operation on Saturday as policymakers seek to diversify its $1.41 trillion worth foreign exchange reserves.<\/p>\n<p>The new company will have <a href=\"http:\/\/www.chinavitae.com\/biography\/515\">Lou Jiwei<\/a>, vice general secretary of the State Council and former vice finance minister, to act as chairman of the board of directors and <a href=\"http:\/\/www.chinavitae.com\/biography\/Gao_Xiqing\">Gao Xiqing<\/a>, former deputy chairman at the National Council for Social Security Fund, as general manager, according to a statement released at the opening ceremony in Beijing. <a href=\"http:\/\/www.chinadaily.com.cn\/china\/2007-09\/29\/content_6145305.htm\">[Full Text]<\/a><\/p><\/blockquote>\n<p>See the<a href=\"http:\/\/www.chinability.com\/Reserves.htm\"> list <\/a>of China&#8217;s Forex revenues from 1977 to 2007.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From China Daily: China Investment Corporation (CIC), the country&#8217;s $200 billion sovereign wealth fund, formally started operation on Saturday as policymakers seek to diversify its $1.41 trillion worth foreign exchange reserves. The new company will have Lou Jiwei, vice general secretary of the State Council and former vice finance minister, to act as chairman of [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[116,2],"tags":[2666,779],"class_list":["post-14891","post","type-post","status-publish","format-standard","hentry","category-world","category-economy","tag-foreign-exchange","tag-overseas-investment","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>State Forex Investment Company Debuts - Xin Zhiming<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2007\/09\/state-forex-investment-company-debuts-xin-zhiming\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State Forex Investment Company Debuts - Xin Zhiming\" \/>\n<meta property=\"og:description\" content=\"From China Daily: China Investment Corporation (CIC), the country&#8217;s $200 billion sovereign wealth fund, formally started operation on Saturday as policymakers seek to diversify its $1.41 trillion worth foreign exchange reserves. 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