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China sovereign wealth fund plans more US investments
Published Mon, Jan 16, 2017 · 09:50 PM
Hong Kong
CHINA Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday.
CIC will boost its investments in private equity and hedge funds as well as make more direct investments in the world's largest economy, Ding Xuedong said at the Asian Financial Forum in Hong Kong.
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