The Best of Chinese Commentators

Should CIC change its strategy?

  • Published 12 Aug 2010

China's sovereign wealth fund saw a global return ratio of 11.7% in 2009 down from the National Social Security Fund's yield of 16.2%.

China Investment Corporation, the sovereign wealth fund responsible for managing part of China's foreign exchange reserves, reported net profits last week of $41.6bn, almost double those from last year with an overseas investment return ratio of 11.7% year on year against a 2.1% fall in 2008.

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