China News

China’s flagship sovereign wealth fund has moved three of its managing directors to new, subordinate roles, sources told the Post, with the heads of the fund’s fixed income, private equity and public relations departments all taking new non-managerial positions. All have extensive overseas work experience, and none have reached the statutory retirement age. More reorganising could be on the horizon at China Investment Corporation (CIC), the sources said on condition of anonymity, including those...

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