CIC Annual Report Shows Assets of US$ 1.24 Trillion

Posted on 12/04/2023

Headquartered in Beijing, China Investment Corporation (CIC) was incorporated in September 2007 under the Company Law of China. CIC was established as a vehicle to diversify China’s foreign exchange holdings and seek maximum returns for its shareholder within acceptable risk tolerance. CIC is mandated to make overseas investments and equity investments in financial institutions in…

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