China's Sovereign Wealth Fund
Description:
This report discusses China's ruling executive body, the State Council, which establishes the China Investment Corporation (CIC), a sovereign wealth fund, in September 2007 to invest $200 billion of China's then $1.4 trillion in foreign exchange reserves. Congress and financial analysts raised concerns about the CIC after its creation, partly because it was a comparatively large sovereign wealth fund, partly because it was government-owned, and partly because it reported directly to the State C…
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Date:
May 5, 2008
Creator:
Martin, Michael F.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department