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China Investment Corporation (CIC), founded on 29 September 2007, was established as a vehicle to diversify China's foreign exchange holdings and seek maximum returns for its shareholder within acceptable risk tolerance.
Headquartered in Beijing, China Investment Corporation (CIC) was founded on 29 September 2007 as China's sovereign wealth fund incorporated in accordance with China's Company Law, with a registered capital of $200 billion.
China Investment Corporation (CIC; Chinese: 中国投资有限责任公司; pinyin: zhōngguó tóuzī yǒuxiàn zérèn gōngsī) is a sovereign wealth fund that manages part of China's foreign exchange reserves.
China Investment Corporation. About CIC. Governance. Investments. As a long-term financial investor, CIC invests globally and independently. As a responsible investor, we abide by the laws and regulations of China and recipient countries and conscientiously fulfill our corporate social responsibilities. Press Releases. Senior Executive News.
Nov 7, 2023 · The China Investment Corporation (CIC) is the sovereign wealth fund (SWF) of the People's Republic of China. The CIC was founded in 2007 and has assets under management (AUM) of more than $1.3...
Jan 29, 2024 · BEIJING, Jan 29 (Reuters) - China plans to merge three of the nation's biggest bad debt managers into sovereign wealth fund China Investment Corp (CIC) (CIC.UL), state-run Xinhua Finance...
Apr 14, 2023 · The latest international China Investment Corp news and views from Reuters - one of the world's largest news agencies.
The story of the China Investment Corporation reveals the secret world of state money and how the country finances its global ambitions. May 30 2023. The Big Read. Has China become too cosy...
Description. CIC seeks to diversify China's foreign exchange holdings and maximize returns for shareholders within the acceptable risk tolerance. It reports to the State Council and has three subsidiaries: CIC International Co. Ltd. (CIC International), CIC Capital Corporation (CIC Capital), and Central Huijin Investment Ltd. (Central Huijin).
China Investment Corporation (CIC) was established on September 29, 2007, by the Chinese government in compliance with the Company Law of the People’s Republic of China. It is wholly owned by the Chinese government and has its own corporate entity status.
