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China News Economy, Politics, Society, Regulation and Reform -- News by FT.com

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Old 04-23-2008, 05:21 PM     #1
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Default CIC raises global spending power

China's $200bn sovereign wealth fund now has as much as $90bn to spend on assets abroad, an increase of more than 30 per cent on its original allocation, its president and chief investment officer told western bankers in Beijing

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