China Investment Corp: International Advisory Board Is Set Up
Wang, who was speaking on the sidelines of the Global Think Tank Summit in Beijing, didn't elaborate.
Set up in 2007 and capitalized by Beijing, CIC is one of the world's largest and most widely followed sovereign wealth funds. The board will help advise the young fund on its investment strategy.
CIC officials have acknowledged in the past they lack experience in investing, and the fund continues to beef up its operations by hiring more talent and setting up new departments as it expands its investments.
-Liu Li contributed to this story, Dow Jones Newswires; 8610 6588-5848; li.liu@dowjones.com
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Publié le 04 Juillet 2009 Copyright © 2009 Dowjones
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