New capital for CIC to acquire European assets
By Ding Qingfen | China Daily | Updated: 2012-03-05 08:09
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Wang Jianxi, deputy general manager and chief risk officer of China Investment Corp and a member of the Chinese People's Political Consultative Conference National Committee, is surrounded by reporters at the Beijing Conference Center on Sunday. Guan Xin / China Daily |
BEIJING - China Investment Corp, the nation's sovereign wealth fund, has received an injection of $30 billion from the government that will help it buy assets in debt-stricken Europe, Wang Jianxi, deputy general manager and chief risk officer of CIC, told China Daily.
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