Publication
23 Sep 2010
China’s ruling executive body, the State Council, established 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. For US Congress, the investment activities of the CIC and its subsidiary, Central Huijin, raise questions about US policies on inward foreign direct investment and the global competitiveness of US financial institutions.
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English (PDF, 16 pages, 214 KB) |
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Author | Michael F Martin |
Series | US Congressional Research Service Reports |
Publisher | Congressional Research Service (CRS) |